Mortgage Repayment Calculator
Work out your monthly mortgage payments in under 90 seconds!
How to use the calculator
Enter the property price
Add your deposit amount or a %
Enter an estimated interest rate
Choose how many years you'd like your mortgage to be
Click Calculate to see your results
Mortgage Calculator
Important note - This information is computer generated. Results are rounded and rely on certain assumptions. This calculator is designed to give a general indication of costs only. Always get a specific quote from a lender and double-check figures before making any financial decisions. We cannot accept responsibility for any errors or decisions made based on these results.
How to use the calculator
Enter the property price
Add your deposit amount or a %
Enter an estimated interest rate
Choose how many years you'd like your mortgage to be
Click Calculate to see your results
What impacts your monthly payments
Loan Amount - property price minus deposit
Interest rate - This can vary by lender and your current circumstance
Deposit - A higher deposit can mean lower interest rates
Term length - longer terms can reduce monthly payments but increase total interest paid
What impacts my monthly payments?
Your monthly payment is mainly influenced by the loan amount (property price minus your deposit), the interest rate (which varies by lender and your circumstances), your deposit (a higher deposit can often unlock lower rates), and the term length (a longer term can reduce monthly payments, but usually increases the total interest paid).
What interest rate should I use?
If you don’t know your likely rate yet, use a reasonable estimate to get a rough monthly figure. Your actual rate depends on deposit size, credit history, income, and lender criteria.
Does this include lender fees and other costs?
No, the calculation does not include lender fees. This is a repayment illustration. Lender fees, valuation fees, solicitor costs, and insurance are separate and can change the overall cost.
Why might a lender’s quote be different to the calculator?
Lenders calculate interest and fees differently, and your final rate depends on affordability checks and criteria.
Can you help me find the best deal?
We sure can! We’ll compare thousands of products across 90+ lenders and recommend the most suitable option for your circumstances.
Want to see how much you can borrow?
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