Calculator

mortgage calculator

Calculator:

 Mortgage required
 (omit commas, i.e. 78000)

£
 Repayment period
  years
 Current Interest rate
 
(enter 10% as 10)
  %
   Monthly payment
£
 (interest only)
£
 But, at 12% it will be:
£
 (interest only)
£
  • The first figure gives the total monthly payment for a straight repayment mortgage, including both interest and payment towards the capital loan amount. This reduces the amount owed on the capital, month by month.
  • The second figure shows the amount of interest payment only.
  • Anyone opting for an interest-only mortgage, such as linked to an endowment, PEP or pension savings policy, will need to add the cost of the monthly premiums of the policy to the interest figure above. On maturity the savings policy is intended to pay off the capital loan.
  • These figures are only a guide. We recommend that you obtain exact figures from us before committing to any mortgage.
  • This calculator requires a javascript enabled browser.

Loan Repayment Calculator

This calculator will determine the size of the loan you can afford.
Enter details for monthly payments, loan interest rate, no. of years you want the loan and leave the last field 'payments per year' at 12 if you wish monthly payments.

Size of Payments you can make per month (£)
Interest Rate (%)
Number of Years
Payments per Year



Size of loan available:

This calculator has been designed purely as a guide and cannot be guaranteed. It does not represent a quotation of what you might receive. It has been based upon our current understanding of Inland Revenue practices and the values shown are dependent upon individual circumstances.

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