UK
UK Mortgage Repayment Calculator
Estimate monthly repayment mortgage costs in GBP. Change the inputs below and the estimate updates immediately.
Input
Your numbers
Calculated result
Monthly principal and interest
GBP 1,403.02
Financed principal
GBP 240,000.00
Interest over full assumed schedule
GBP 180,904.83
Estimate only. Verify important decisions with an appropriate professional or official source.
How to use it
A quick estimate, without the spreadsheet.
Inputs and units
Enter price, deposit, annual quoted fixed rate and repayment term.
Formula
Principal is price minus deposit. Repayment uses a monthly interest rate and a fixed-payment amortization formula.
Worked example
£120,000 borrowed over 10 years at 0% requires £1,000 per month.
Assumptions and limitations
Repayment mortgage estimate. Assumes the entered rate over the whole schedule, not just a fixed deal period. Daily interest, fees, insurance, rate resets and interest-only arrangements are excluded.
Keep calculating
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