Our easy to use mortgage calculator allows you to quickly work out your monthly repayments on any loan or mortgage against a given interest rate and loan term. It also provides an ‘Interest Only’ repayment option.
Step 1: Enter the amount for example 150000 in the Mortgage amount box
Step 2: Select the desired loan repayment term for example 20 years in the repayment term pull down box.
Step 3: Enter interest rate (%) for example 6.5 in to the Interest Rate box.
Step 4: Click on ‘ Calculate Repayments’ box and the Monthly, Annual and Total repayments on the Loan or Mortgage will be shown. INTEREST ONLY will also be shown in the results.
For help with any mortgage or loan calculations or examples please call our client help line on: