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Mortgage Repayment Calculator

Get a quick idea of what your monthly mortgage payments could be. Enter the amount you want to borrow, an interest rate and a term, and see the figures on a repayment or interest only basis.

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[MORTGAGE CALCULATOR TOOL: PART 2 BUILD. Inputs: loan amount, interest rate, term in years, repayment or interest only. Outputs: monthly payment, total interest, total amount repayable.]

How to Use the Calculator

Three Numbers to Get Started

Loan amount

The amount you want to borrow, which is the purchase price minus your deposit, or the balance you want to remortgage.

Interest rate

Try a few different rates to see how sensitive your payments are. Even a small change can make a noticeable difference over a long term.

Term

The number of years over which you will repay the mortgage. A longer term lowers the monthly payment but increases the total interest you pay.

You can also compare a repayment mortgage, where each payment reduces the amount you owe, with interest only, where you pay just the interest and repay the capital at the end of the term from another source.

What the Calculator Cannot Tell You

A Guide, Not an Offer

This calculator is a guide to repayments only. It does not tell you how much a lender will actually let you borrow, and it does not include product fees, valuation or legal costs, or the cost of any protection.

Lenders decide how much to lend based on your income, outgoings, credit history, deposit and the property. They also test whether you could afford the payments if interest rates rose. Two lenders can offer very different amounts to the same person, particularly if you are self-employed, a company director, a contractor or a landlord.

That is where we come in. With accountancy expertise in-house, we can look at your real income and give you figures based on your circumstances and the lenders most likely to suit you.

Planning Your Purchase

The Other Costs to Budget For

Your mortgage payment is only part of the picture. When buying a home, you may also need to budget for Stamp Duty, solicitor’s fees, survey and valuation costs, lender arrangement fees, removals and buildings insurance from completion day.

Stamp Duty Calculator

Estimate the Stamp Duty Land Tax you may pay on a property in England or Northern Ireland, including first-time buyer relief and the higher rates for additional properties.

View Stamp Duty Calculator →

Red brick Edwardian house with a bay window and front garden

Residential Mortgages

Buying, moving, investing or remortgaging, we find the mortgage that fits how you earn and what you want to achieve.

View Residential Mortgages →

Self-employed man checking paperwork at his kitchen table

Self-Employed Mortgages

For sole traders, company directors, contractors and partners whose income does not fit a standard payslip.

View Self-Employed Mortgages →

How it works

Working With Us Remotely

We work with clients in every corner of the UK, and almost all of our work is carried out online.

Free initial consultation

A short call or video meeting to understand what you want to achieve and what your finances look like.

Online meetings

Talk to your adviser by video or phone at a time that suits you, including [EVENINGS / WEEKENDS, CONFIRM].

Secure document upload

Send payslips, bank statements and accounts through our encrypted portal the moment you have them.

Electronic ID verification

Confirm your identity online in minutes.

E-signatures

Sign your paperwork digitally, from your phone if you like.