Whether you’re thinking of getting on the property ladder for the first-time, or you’re looking to find out how much extra you could borrow when you’re moving house or re-mortgaging, it can be a mindfield of numbers and figures if you don’t know where to look.
You’re bound to have a long list of questions when you first start looking into buying a house, the big one being can you afford it. Why not try out our mortgage calculator to give you an idea of how much you could borrow and how much your monthly repayments might be?
Our calculator will show you the estimated cost per month and the total cost over the life of the mortgage, including any interest. You can adjust the interest rate to see what difference this will make to your payments, and help you get a better understanding of how much it will cost you in total.
This calculator is for illustrative purposes only and may not reflect the true cost of repaying a mortgage before you enter into any new mortgage commitment, you need to be sure that it is affordable on your own personal budget. Use this budget planner to work out what you can afford to pay each month.
Remember, your own personal mortgage calculation will depend on factors such as your household income, any dependents you have, personal outgoings, and whether you go for an interest-only or repayment mortgage, so you should use this as a guideline to start the conversations around choosing your ideal mortgage product.
Need some help finding the ideal mortgage? We’re here to talk through any questions you might have.
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