Mortgage Calculator UK

| Free Tool To Calculate Mortgage Repayments
Menu

What could the monthly costs of a £97,000 mortgage be if you wanted to pay it back over 10 years at an interest rate of 1%?

Answer:

£849.76 a month

Total Payable: £101,971

Total Interest: £4,971

Change Values

%

What happens if rates go up?

Rate1.25%1.5%1.75%
Monthly£860
£11 more
£871
£21 more
£882
£32 more
Total Payable£103,239
£1,268 more
£104,517
£2,546 more
£105,805
£3,834 more

The above examples are based on borrowing £97,000 over a period of 10 years.

What if you wanted to borrow more?

Amount£102,000£107,000£112,000
Monthly£894
£44 more
£937
£88 more
£981
£131 more

The above examples are based on a rate of 1% over a period of 10 years.

What if you pay it off quicker?

Term8 yrs6 yrs4 yrs
Monthly£1,052
£202 more
£1,389
£539 more
£2,062
£1,213 more
Total Interest£3,972
£999 less
£2,979
£1,992 less
£1,993
£2,978 less

The above examples are based on borrowing £97,000 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:
10 years
£ 97000

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