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.
Please note that this is an illustration only to give you an indication of what you might pay. Full quotations are available on request.
- Typical APR quotations are shown with the individual product.
- Where applicable, after the initial discount or fixed rate period, your mortgage will revert to the Society's standard variable base rate.
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 OnlyThe 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.