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How much does a mortgage cost?

You can use this calculator to find out what your monthly repayment might be based on the amount you want to borrow and the deposit you have available.

Man drawing

You can also:

  • experiment with different interest rates to see what your payments might be if interest rates rise

What you will need

You will need information to hand about the:

  • price of the property you are thinking of buying
  • deposit you have available (which should be around 10% of the purchase price)

If you haven’t found a property or saved a deposit yet, just estimate the value for now. You can always change these on the results screen to try different combinations.

Estimated time to complete: 5 minutes

Calculator tool: calculate your monthly mortgage payment

The tool above is provided by the MoneyHelper. Please refer to their website for the MoneyHelper privacy notice.