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Mortgage Repayment Calculator

Calculate your monthly mortgage payments and total costs

Repayment Type

Pay off the loan over time. You'll own the property outright at the end.

Property Price
Terraced house
£275,000
£100k£1M
Deposit (6%)
~1.24% + base rate
£16,163
£0£220,000
LTV:
Mortgage Term
25 yrs
5 yrs40 yrs
Interest Rate
6.0%
1.0%10.0%
Results

Estimated Repayment

£1,668

Monthly Payment at 6% APR

A 2% interest rate increase would add approximately £330 to your monthly payment.

Loan Amount

£258,837

LTV Ratio

94%

Total Interest

£241,470

Total Cost Breakdown

Total to Repay

£500,307

Over 25 year term

Capital

£258,837

Interest

£241,470

Repayment Over Time

Principal > Interest Mortgage-free! £200k£400k0510152025
Principal
Interest
YearPrincipalInterestBalance
Year 1£4,607£15,405£254,230
Year 2£4,892£15,121£249,338
Year 3£5,193£14,819£244,145

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