The mortgage calculator on this page is simple to use. Just enter the amount you wish to have on a repayment basis and the amount on interest only, enter an interest rate, term and click submit. For example if you wanted to know how much £100,000 costs on a repayment basis at 5% over 25 years you would enter 100000 in the 'Repayment amount', 0 in 'Interest only', 5 goes in the interest rate and 25 in the term field.
The monthly payments shown do not include other possible costs associated with a mortgage for example insurance and investment vehicles that may be required for interest only mortgages. The UK mortgage calculator gives you results based on the information you have input and is not an indication or typical of rates that are currently available. The results also won't give you any idea or what your payments will be if rates increase.
Our easy to use mortgage calculator is a good way to start but for a free no obligation chat with an expert advisor call us on 01394 389449 or use the 'chat now' feature when we are online. Our advisors will find the right mortgage for you and manage the mortgage process from start to finish.