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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER LOAN SECURED AGAINST IT.
Mortgage Calculator

 

This calculator provides an approximate guide as to costs and is NOT A QUOTE, costs will vary according to individual circumstances.

A quick and easy way to calculate your monthly mortgage payments. Simply enter the amount you wish to borrow, the term over which you intend to pay it off and the interest rate. Then hit the 'Calculate' button.

Mortgage Data:
Amount to borrow - or House Price £
Down Payment £
Annual Interest Rate: %
Repayment period 5-25 years: Years


Results:  

 
Repayment mortgage principle £
Total payments
Monthly payment on Capital & Interest £
Monthly payment on interest only £

Your Results

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 recommend that you obtain exact figures from a specific lender before committing to any mortgage.

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The Mortgage & Property Shop Ltd is an appointed representative of Lifetime Insurance Mortgage Experts Ltd, Network House, Lister Hill, Horsforth, Leeds, LS18 5AZ, which is authorised and regulated by the Financial Services Authority. The Lifetime Insurance Mortgage Experts Ltd FSA registration number is 311266

Our permitted business is advising on and arranging mortgages and non-investment insurance business. You can check this on the FSA's Register by visiting the FSA’s website www.fsa.gov.uk/register or by contacting the FSA on 0845 606 1234.

THERE MAY BE A FEE OF £500 FOR MORTGAGE ADVICE, PAYABLE ON COMPLETION. IN ADDITION TO THIS FEE WE WILL BE PAID COMMISSION BY THE LENDER. ALTERNATIVELY A FEE OF 1% OF THE MORTGAGE AMOUNT WILL BE PAYABLE OF COMPLETION AND ANY COMMISSION WE RECEIVE FROM THE LENDER WILL BE REFUNDED TO YOU.

Please read this document carefully:

Initial Disclosure Document (I.D.D)
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