Our mortgage calculator will help you find out approximately how much your mortgage will cost each month. Simply enter the projected purchase price, the length of the mortgage (often 25 years) and your proposed deposit, which will be your equity in the property. You will need to input a projected interest rate based on a mortgage offer you may have or your research of products available at the present time.
The calculator will give you a result based on a repayment mortgage (as opposed to interest-only). The result is intended as a general guide only. We advise that you seek independent financial advice on the best mortgage for your circumstances and you should obtain accurate figures from your lender before committing to a mortgage or purchase. Your home may be repossessed if you do not keep up repayments on a mortgage.
This represents an approximate mortgage calculation on a capital and interest repayment basis but you should take independent advice from qualified mortgage adviser.