Mortgage Calculator UK

| Free Tool To Calculate Mortgage Repayments
Menu

What could the monthly costs of a £100,000 mortgage be if you wanted to pay it back over 24 years at an interest rate of 1%?

Answer:

£390.70 a month

Total Payable: £112,521

Total Interest: £12,521

Change Values

%

What happens if rates go up?

Rate1.25%1.5%1.75%
Monthly£402
£11 more
£414
£23 more
£425
£35 more
Total Payable£115,801
£3,280 more
£119,139
£6,618 more
£122,538
£10,017 more

The above examples are based on borrowing £100,000 over a period of 24 years.

What if you wanted to borrow more?

Amount£105,000£110,000£115,000
Monthly£410
£20 more
£430
£39 more
£449
£59 more

The above examples are based on a rate of 1% over a period of 24 years.

What if you pay it off quicker?

Term22 yrs20 yrs18 yrs
Monthly£422
£31 more
£460
£69 more
£506
£115 more
Total Interest£11,445
£1,076 less
£10,375
£2,146 less
£9,311
£3,210 less

The above examples are based on borrowing £100,000 at a rate of 1%.

DISCLAIMER: These numbers are estimates only! They do not include any fees or charges that could be made by mortgage companies or agents. Take them at face value and don't come moaning back to us if you get quoted something different!

Page Tags:
mortgagecalculatoruk.info example:
24 years
£ 100000

To help personalise content, tailor and measure adverts and provide a safer experience, we use cookies. By clicking on or navigating our site you agree to allow us to collect information through cookies. Learn more in our full Privacy Policy.

OK