Mortgage Repayment Calculator
Mortgage Repayment Calculator
Finding the right mortgage is especially important when dealing with adverse credit, self-employed income, or complex financial situations. Our mortgage repayment calculator helps you see what your monthly payments could be, as well as the total interest payable over the mortgage term.
Simply enter:
✔️ Loan Amount (£)
✔️ Interest Rate (%)
✔️ Mortgage Term (Years)
📲 Try our calculator now and see how different rates impact your repayments.
Specialist Mortgage Support – Tailored to You
- Dedicated specialist mortgage advisers – Experts in complex cases
- Access to specialist lenders – Deals not available on the high street
- We submit the mortgage application for you
- Team of expert online mortgage advisers
- Amazing communication via WhatsApp, email and SMS.
Frequently Asked Questions
What are the repayments on a mortgage?
Your monthly repayments depend on factors such as loan size, mortgage term, and interest rate. Use our calculator to get an estimate based on your specific details.
How are mortgage repayments calculated?
Mortgage payments are based on:
1️⃣ Loan amount – The total amount you borrow
2️⃣ Interest rate – The cost of borrowing from the lender
3️⃣ Mortgage term – The number of years over which you repay
💡 Formula for mortgage repayments:
M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1]
📌 Need help understanding your options? Speak to our specialist mortgage team today!
- Mortgage Repayment Calculator – Estimate your monthly payments based on loan amount, interest rate, and term.
- Overpayment Calculator – See how extra payments can reduce your mortgage term and interest costs.
- Affordability Calculator – Assess how much you might be able to borrow based on your income.
- Stamp Duty Calculator – Work out the tax costs on your property purchase.
- Debt-to-Income Calculator – Check if your existing financial commitments could impact your mortgage eligibility.
- Rental Yield Calculator – For landlords, calculate the return on investment for buy-to-let properties.
