Mortgage Calculator

Work out a monthly mortgage payment from the property price, deposit, interest rate and term. Compare repayment and interest-only options, and see how the balance falls year by year.

Property price

Deposit

10.0% deposit · LTV 90.0%

Interest rate

Term

Mortgage type

RepaymentPay interest and capital each month so the loan is cleared by the endInterest-onlyPay interest each month; the full loan is still owed at the end

Estimated monthly payment

£1,750.87

On a £315,000 loan over 25 years at 4.50%

Loan amount: £315,000
Loan-to-value: 90.0%
Total interest: £210,261
Total repayable: £525,261

Remaining balance by year

Year	Interest	Balance left
1	£14,032	£308,022
2	£13,712	£300,723

Assumes a fixed interest rate for the full term, with payments made monthly in arrears. Product fees, overpayments, rate changes and early repayment charges are not included.

This is an estimate only.

This mortgage calculator gives a guide, not a quote or financial advice. Lenders use their own rates, fees, affordability checks and product rules. Always confirm figures with a lender or mortgage adviser before you rely on them.