Estimate the monthly repayment on a UK mortgage from the amount, rate and term.
How mortgage calculator uk is worked out
Enter the mortgage amount, interest rate and term in years to estimate the monthly repayment. It uses standard repayment amortization.
Getting your answer
- Enter your figures in the fields provided.
- The result updates as you type.
- Review the breakdown below the main number.
How the number is calculated
repayment = P × r ÷ (1 − (1+r)⁻ⁿ)
A worked example
Worked through, a home price of 350,000, interest rate of 6.5% produces a monthly payment of $2,186.46. Underneath, Principal & interest comes out at $1,769.79 and Tax + insurance + HOA at $416.67. Change any field and every figure updates as you type.
Questions people ask about this
Is this a repayment or interest-only mortgage?
It models a repayment mortgage where the balance clears over the term.
Does it include fees?
No — add arrangement fees separately, or use the APR calculator.