Disclaimer | Privacy & Cookies Policy

Use our FREE Mortgage Calculator to get an idea of what the repayments will be for your new home

There are many financial decisions involved when purchasing a new home. Our calculator can help you to work out your finances.

Of course, the calculator doesn’t take into account all the factors that should be considered when choosing a new mortgage, it is designed just to offer assistance, and to give a rough indication of mortgage repayments.*

The final decision should always be based on what’s best for you and your individual situation.
*You should always seek financial advice from a bank, building society or mortgage advisor.

 

Simply fill in all the fields required and the calculator will do the maths for you. 

Purchase price
Please enter here the amount you expect to pay for a home.
Enter a value
Down payment
Down payment is cash that you pay upfront for your home.
3.3%
Enter a value
Term in years
Number of years you have to pay.
years
Enter a value
Interest rate (per year)
The percentage of interest that you will pay on your mortgage for a specific term.
%
Enter a value
Property tax
Enter your property tax here if you know it.
per year
Enter a value
Home insurance
Most lenders require home insurance. Enter its price here.
per year
Enter a value
PMI
PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.
per month
Enter a value

Your total monthly payment

£


Principal & Interest: £