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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 (12%)
~0.74% + base rate
£33,718
£0£220,000
LTV:
Mortgage Term
25 yrs
5 yrs40 yrs
Interest Rate
6.0%
1.0%10.0%
Results

Estimated Repayment

£1,555

Monthly Payment at 6% APR

A 2% interest rate increase would add approximately £308 to your monthly payment.

Loan Amount

£241,282

LTV Ratio

88%

Total Interest

£225,092

Total Cost Breakdown

Total to Repay

£466,374

Over 25 year term

Capital

£241,282

Interest

£225,092

Repayment Over Time

Principal > Interest Mortgage-free! £200k£400k0510152025
Principal
Interest
YearPrincipalInterestBalance
Year 1£4,295£14,360£236,987
Year 2£4,560£14,095£232,427
Year 3£4,841£13,814£227,586

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