Online mortgage calculators

We hope you find our online mortgage calculators useful, because they have been designed with you in mind. The mortgage calculators are here to help you form a basic picture about your situation. To get the whole picture, we recommend that you speak to one of our expert mortgage advisers.

Call us for free advice on 0800 694 2444

One of our expert mortgage advisers will be available to help from 9am - 8pm Monday to Thursday, 9am - 5.30pm Friday and 10am - 1pm Saturday. We look forward to hearing from you and hopefully saving you money on your mortgage. Calls may be recorded.

How much can I borrow?

To find out how much you might be able to borrow from a UK mortgage lender, use this simple online mortgage calculator. It will calculate a sum to give you an idea of borrowing, but remember that other criteria is used by mortgage lenders when deciding how much to loan – such as credit history and financial commitments.

What will my monthly costs be?

This online mortgage calculator helps you work out what your monthly costs might be for your mortgage, depending upon the size of your mortgage and interest rates. It calculates not only what you would pay upon a repayment basis, but also an interest only basis.

Can I change my mortgage lender if I have early repayment charges?

Sometimes it can work out worthwhile to remortgage, even though you have an early repayment charge to pay. By switching to one of the best mortgage deals in the UK, you could lower your monthly mortgage payments and so justify paying the early repayment charge. This online mortgage calculator will work out the interest rate you would need to be paying in order to make remortgaging beneficial.

Worried about your endowment not repaying your whole mortgage?

If you are concerned about an endowment shortfall, then this online mortgage calculator can work out how much it might cost you to switch part of your loan to a repayment basis. Switching all or part of your mortgage to a repayment basis is sometimes the recommended course of action to deal with a predicted endowment shortfall.

What will happen if mortgage interest rates rise or fall?

Whilst we can’t tell you whether interest rates will rise or fall, we can help you work out how much you would be paying each month given a rate change. This online mortgage calculator might be a useful tool for those interested in trackers and discount mortgages, for example, in order to calculate whether you could cope with any increases to your monthly payments.

How much will I pay in stamp duty when I buy a property?

This online mortgage calculator lets you know exactly much you will pay in stamp duty for the property that you are buying. It’s important that you factor stamp duty into your overall costs, when budgeting for a house purchase. Stamp duty is a land tax which is payable when you purchase a property or land in the UK. The amount that you pay depends upon the purchase price of the property. If you are paying £125,000 or less, then you do not have to pay stamp duty. If you are paying more than £125,000, then you pay stamp duty of between 1 to 4% of the purchase price. The tax is tiered at set amounts, which rise as the purchase price rises.

How much can I borrow on a buy to let mortgage?

To find out how much you might be able to borrow from a UK mortgage lender for a buy to let mortgage, use our simple online mortgage calculator. It will calculate a sum to give you an idea of borrowing based upon the value of the buy to let property and the rent that you anticipate receiving, but remember that other criteria will be used by mortgage lenders when deciding how much to lend you.

How much rent do I need to charge to finance a buy to let mortgage?

To find out how much you rent you would need to charge on your buy to let property, use our simple online mortgage calculator.  It will calculate a sum to give you an idea of rent required, based upon the buy to let property value and size of your deposit.