Mortgage Calculator
Professional guidance at your fingertips
Mortgage Details
▼
Mortgage Amount
i
The amount you are looking to borrow from the lender.
£250,000
Mortgage Term
i
The total number of years and months over which you will repay the mortgage.
25 years
years
months
Mortgage Type
i
Repayment: You pay capital and interest. Interest Only: You pay only interest, capital due at end.
Repayment
Interest Only
Initial Scheme Period (Years)
i
How long your initial interest rate is fixed for before it reverts to the reversion rate.
5 years
Initial Interest Rate (%)
i
The interest rate during your initial scheme period. This rate is fixed for the specified duration.
4.5%
Reversion Rate (%)
i
The interest rate that applies after your initial scheme period ends. Used for planning purposes.
5.5%
Assumed rate after your fixed period ends
Mortgage Fees
▼
Product Fee
i
Fee charged by the lender for offering the mortgage product.
£
%
Valuation Fee
i
Cost of the property valuation survey required by the lender.
£
%
Legal/Conveyancing Fee
i
Cost of legal work and conveyancing services to complete the property purchase.
£
%
Other Fees
i
Any additional fees such as insurance, arrangement fees, or other costs.
£
%
Add Fees to Mortgage?
No
Yes
Adding fees to mortgage increases loan amount but spreads cost over term
Broker Fee
▼
Broker Fee (£)
i
The fee charged by your mortgage broker for arranging the mortgage.
Fee Payable
i
Choose when the broker fee is paid: upfront or at completion of the mortgage.
Upfront
On Completion
Your Mortgage Breakdown
£821
per month
Capital
£583
Interest
£238
Initial Rate Period Summary
Period
Years 1–5
Total Interest Paid
£34,960
Total Fees (Period)
£0
Remaining Capital Balance
£189,150
Total Amount Paid
£85,850
Full Mortgage Term Analysis
Total Interest (Full Term)
£94,960
Total Capital Paid
£250,000
Total Cost (Capital + Interest + Fees)
£344,960
Transaction Summary
Mortgage Cost
£344,960
Broker Fee (
Upfront
)
£0
Total Cost of Transaction
£344,960
Key Metrics
💰
Total Cost
£344,960
📊
Interest (Full Term)
£94,960
🏠
Balance After Period
£189,150
📈
Transaction Total
£344,960
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