Use the following form to calculate mortgage for your home inputting the required figures.

Mortgage required
(don't use commas)		 £   
Repayment period
(don't use commas)
    years
Interest rate
(enter the figure only; no need of % sign)
    %
   
   
Monthly repayment
 		£   
Interest only
 £   
But at 12% it will be:
 £   
Interest only £   
     

The results (above)

The first figure gives the total monthly payment for a straight repayment mortgage, including both interest and payment towards the capital loan amount. This reduces the amount owed on the capital, month by month. The second figure shows the amount of interest payment only.

These figures are only a guide. We recommend that you obtain exact figures from your specific lender before committing to the mortgage.

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