Actual loan repayment amounts may vary slightly due to rounding.
Calculations are based on a table repayments term loan. All amounts entered by you are assumed not to vary and are valid only at the time of entry. This calculator is intended as a guide/illustration only. The most popular place to start is our borrowing calculator or our affordability calculator. Use our simple mortgage calculator to help work out your costs. Which mortgage calculator is right for me? Our calculators give you a idea of what you might be able to borrow from us to buy a home, and what your monthly and total mortgage payments could be, for different types of mortgages. The calculator is mainly intended for use by U.S. There are options to include extra payments or annual percentage increases of common mortgage-related expenses. We won’t ask about groceries, utility bills or travel. The Mortgage Calculator helps estimate the monthly payment due along with other financial costs associated with mortgages.
Using our Mortgage Calculator can take the work out. What information do I need to use a calculator and how do you decide what I can afford? Equation for mortgage payments M P r (1 + r) n (1 + r n) - 1 This formula can help you crunch the numbers to see how much house you can afford. It’s for you if you’re a first time buyer, you’re looking to remortgage, move or buy an additional home, or you’re a buy-to-let landlord. We have different calculators that can help you in different ways – each calculator does something slightly different. It’s a tool that gives you an estimate of how much you could borrow from us or what your monthly repayments and other costs might be, for a mortgage in the UK.
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