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Mortgage repayment calculator

This calculator will give you an estimate of what your monthly payments would be for a particular loan amount, mortgage product and mortgage type.

This information does not contain all of the details you need to choose a mortgage. Make sure that you ask us for the separate key facts illustration before you make a decision.

£

Minimum amount £30,000 and a maximum of £1,000,000. Loans over £1,000,000 will require referral as bespoke.

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Years

Minimum of 5 years and a maximum of 40 years.

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%

This is the gross annual interest rate.

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This mortgage would cost you £{ monthlyPayment } a month as a repayment mortgage or £{ monthlyInterestOnly } as an interest only mortgage.

Please note that this is an illustration only to give you an indication of what you might pay. Full quotations are available on request.

Repayment (Capital & Interest)

With this type of mortgage, your monthly payments are made partly to repay the interest on the amount borrowed and partly to repay the outstanding capital. The amount left outstanding reduces over the term of the mortgage and the loan is paid off in full at the end of the agreed term.

Interest Only

The monthly payments that you make are simply made up of interest. No part of the mortgage is paid off during the term and this is paid off using the proceeds of a separate investment plan/savings policy such as, for example, an endowment policy, personal pension or ISA. Interest only is an option that is only available on some products and a credible repayment strategy will always be required.