Mortgage repayment calculator

One of the most common (and sensible) questions we get asked is How much will my mortgage cost?

It’s a good question, because your mortgage is probably going to be your biggest outgoing each month. So it’s important to know that what you want to do is affordable both now and in the future.

Our mortgage cost calculator is quick and easy to use so you can find out the likely cost of your mortgage in seconds.

Simply adjust the following to calculate your mortgage costs:

  • The amount you want to borrow
  • The interest rate
  • The number of years you wish to borrow the money over

The calculator will display your monthly mortgage cost based on the figures you provide, and help you plan your monthly budget.

What will my monthly mortgage repayments be?

£
This value has been customised for you
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yrs
Loans are typically over 25 years, so we've defaulted to that for you
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%
This value has been customised for you
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Enter the values above to calculate how much your mortgage will cost

Your results
Your monthly payment will be:
£X
Assuming interest rates stay the same
The total amount you will pay over the term is:
£X
Made up of £X capital and £X interest.

Important information

We’ve put this calculator together to help you get an idea of what your mortgage is likely to cost, however the rates and figures shown are for illustrative purposes and realistically the rate you pay will change during your chosen mortgage term. Before taking any mortgage out you should get a personalised illustration showing the full costs and charges, and if you have any questions on this please speak to your adviser.

If you complete on a mortgage through L&C, L&C will be paid a commission by the chosen lender. L&C will share a percentage of this commission with the referring third party. The commission L&C receives doesn't affect the product or rate recommended to you.