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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.

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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

 

Calculate your monthly mortgage payment

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

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