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Mortgage Repayment Calculator
See our mortgage repayment calculator below. Please note that whilst the calculators are accurate, they perform generic calculations that do not take into account your individual circumstances. They should be used as a guide only and not relied upon.
Please also note we do not store or see any of the information you input to these calculators.
Our mortgage repayment calculator shows you what your monthly mortgage repayments would be based on:
- How much you want to borrow. This is the loan you will take from the lender, as opposed to purchase price of the property. You don’t want to include your deposit here.
- The term you want to take the mortgage out over, in years. The longer you take the mortgage out for, the lesser your monthly repayments will be. However, as interest is accrued over time, it’s likely you’ll end up paying more interest over the term of the mortgage, in comparison to a shorter term.
- The interest rate you’ll pay. The interest rate you’ll pay is dependent on a number of factors, including the type of mortgage product you choose, the duration of the mortgage product (often 2-5 years if a fixed-rate mortgage) and the loan-to-value of the property.
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This is a generic calculation that does not take into account the details of the individual product concerned, it should not be taken as a guarantee that these rates are available or that you will be required to pay the amounts shown.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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Mortgages by Mcateer Ltd is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.
Mortgages by McAteer Ltd is registered in England & Wales no. 1222611. Registered Office at 82a Lytham Road, Fulwood, Preston, PR2 3AQ.
The information on this website is subject to the UK regulatory regime and is therefore targeted at consumers in the UK.
Approved by The Openwork Partnership on 26/02/2024