Mortgage payment calculator

How to use this calculator

This calculator helps you research your monthly payment options. You can compare two scenarios side-by-side, or change the mortgage amount, term or interest rate to see the differences it makes.

Option 1

Error: The mortgage amount under option 1 should be between £25,001 and £1,500,000 (inclusive).

Error: The term under option 1 should be between 5 and 40 (inclusive).

Error: The interest rate under option 1 should be between 1% and 20% (inclusive).

Option 2

Error: The mortgage amount under option 2 should be between £25,001 and £1,500,000 (inclusive).

Error: The term under option 2 should be between 5 and 40 (inclusive).

Error: The interest rate under option 2 should be between 1% and 20% (inclusive).

Estimated monthly payments

Option 1

Repayment £0
Interest only £0

Option 2

Repayment £0
Interest only £0
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Note:


The calculator is for illustrative purposes only. It does not provide a precise calculation. It assumes that the interest rate remains the same for the whole mortgage term.

Extending your mortgage term will make your monthly payments smaller. But it increases the amount of interest you pay overall.

Reducing your mortgage term means your monthly payments are larger. But the overall amount of interest you pay will be lower.