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 40 years at an interest rate of 1%?

Answer:

£252.86 a month

Total Payable: £121,371

Total Interest: £21,371

Change Values

%

What happens if rates go up?

Rate1.25%1.5%1.75%
Monthly£265
£12 more
£277
£24 more
£290
£37 more
Total Payable£127,126
£5,755 more
£133,043
£11,672 more
£139,120
£17,749 more

The above examples are based on borrowing £100,000 over a period of 40 years.

What if you wanted to borrow more?

Amount£105,000£110,000£115,000
Monthly£265
£13 more
£278
£25 more
£291
£38 more

The above examples are based on a rate of 1% over a period of 40 years.

What if you pay it off quicker?

Term38 yrs36 yrs34 yrs
Monthly£264
£11 more
£276
£23 more
£289
£36 more
Total Interest£20,242
£1,129 less
£19,119
£2,252 less
£18,003
£3,368 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:
40 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