Mortgage Calculator
 
 
 
 
DANIEL FORD :: Mortgage Advice
  Mortgage Calculator
 
 

Calculate your repayments

Mortgage required (omit commas) £   
Repayment period (omit commas)
   years
Interest rate (enter 10% as 10)
   %
   
     
Monthly repayment
£   
(Interest only)
£   
     

Your results

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, ISA 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 will advise you on the exact figures from a specific lender before you commit to any mortgage.

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Your home may be repossessed if you do not keep up repayments on your mortgage.