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Mortgage Calculator

Calculate your monthly mortgage payment

This is a guide to how much you'd pay each month. The exact amount will depend on the type of mortgage and the lender.

If you already have a mortgage, read more and want to work out how much an interest rate rise will impact your payments, then , in ‘price of property’ enter how much you have left to pay on your mortgage, put nothing in deposit.

Plan ahead and estimate your monthly payment now.

Remember to plan for other costs like mortgage fees, legal fees and Stamp Duty tax.

This is a guide to how much you'd pay each month. Adjust the sliders to change the term to the number of years you have left to pay, and increase the interest rate. The exact amount will depend on the type of mortgage and the lender.



Your repayments will be

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a month

You pay off what you borrowed for the mortgage, plus the interest.

Interest Only


Your interest only repayments will be

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a month

The latest regulations mean you and your lender will need to agree a repayment plan for your mortgage. Read more

Make sure you can afford it!

If your interest rate goes up by 3% your monthly payment will be



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Interest only:


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Adjust details



Three steps to lower your monthly payments:

Learn about LTV:

Having a bigger deposit or buying a cheaper property means the amount you need to borrow is smaller compared with the property's value. This is known as the Loan To Value ratio (LTV). With a lower LTV, you might be able to get a lower interest rate. Read more about choosing a mortgage (opens in a new window)

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