Mortgage Repayment Calculator

Estimate your monthly mortgage payment, total interest and remaining balance.

CurrencyProperty priceDepositMust be lower than the property price.Repayment typePays both capital and interest.Interest rate (%)Extra monthly paymentOptional. Check your lender's overpayment limit.Mortgage term - yearsExtra monthsAdd 0-11 months to the years above.Balance after (years)Shows the estimated balance at that point.

Mortgage: £250,000.00 | LTV: 83.3%

Monthly payment

£1,389.58

Capital and interest.

Total interest

£166,874.36

Interest over the mortgage term.

Total repaid

£416,874.36

Capital plus interest.

Balance after 5 years

£219,644.76

Mortgage still owed.

Equity after 5 years

£80,355.24

If the property value stays the same.

Paid off in

25 years

Your entered mortgage term.

How to use Mortgage Repayment Calculator

1Enter the property price and deposit to calculate the mortgage amount and estimated loan-to-value.

2Choose capital repayment or interest-only, then enter the interest rate and exact term.

3For repayment mortgages, optionally add a monthly overpayment and review the payment, balance, equity and estimated savings.

Useful tips

•Use the rate you expect during the period you are modelling; real mortgage rates and fixed deals can change.

•Check your lender's overpayment allowance and early-repayment charges before relying on overpayment savings.

•Estimated equity assumes the property value stays unchanged, so it is not a forecast of future house value.

Frequently asked questions

What is LTV?

Loan-to-value is the mortgage amount divided by the property price. This calculator shows the estimated percentage from the price and deposit entered.

How is interest-only different?

The monthly figure covers interest only, so the mortgage capital is still assumed to be outstanding at the end of the term and normally needs a separate repayment plan.

Does this include mortgage fees or future rate changes?

No. It uses the entered rate as a fixed illustrative rate and excludes lender fees, insurance, legal costs, taxes and product-specific APR or APRC components.