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Mortgage calculator.
A rough monthly figure in ten seconds. For the real number, the one a lender will actually offer you, the free consultation is the tool.
Repayments
What might a mortgage cost each month?
Slide the amount, term and rate around to get a feel for the monthly payment on a repayment mortgage.
Longer terms cut the monthly cost and raise the total interest. Rates change what a pound of borrowing costs. The consultation puts real numbers on all of it.
This calculator gives an indication only and is not a mortgage offer or advice.
Buy to let
Does the rent cover it?
Most lenders want rent to cover the interest at a stressed rate by 125% to 145%. Move the sliders for a rough sense of where a property sits.
About buy to let adviceGross yield
5.3%
Rental cover at 5.5%
128%
Indication only, not advice. Stress rates and cover ratios vary by lender and tax band.
Where next
Your home may be repossessed if you do not keep up repayments on your mortgage. Some Buy to Lets are not regulated by the Financial Conduct Authority.
Want the real number?
A free hour with an adviser beats any calculator. You'll leave with a figure a lender will stand behind.