Mortgage repayment calculator

Enter the loan, rate and term to see the monthly payment on a capital-and-interest mortgage, what it costs in total, and how much a higher rate would add.

How it's calculated

It uses the standard repayment (annuity) formula: the same monthly payment each month, covering that month's interest and repaying part of the balance, so the loan is cleared by the end of the term.

It assumes one rate for the whole term. Real mortgages usually move to a different rate when an initial deal ends after two, three or five years, and product fees aren't included.

Other calculators

Estimates only, not advice. These calculators do arithmetic on the numbers you enter. They don't check your credit file, apply a lender's affordability rules or know which products you qualify for. Nothing you type is stored or sent anywhere. For a figure you can act on, speak to an FCA-authorised mortgage adviser.