Our monthly payment calculator allows you to compare up to three different mortgages in order to see how different interest rates might affect your monthly payments.
Simply enter the interest rate, the amount you wish to borrow and the term of your mortgage for up to three different products and click calculate. We'll then show you the monthly payment options for both a repayment mortgage and an interest only mortgage. The maximum term for interest only and part and part is 25 years.
*With an interest only mortgage, the monthly payments over the term of the mortgage cover only the interest charged on the amount borrowed. This means that the original amount borrowed, together with any fees or charges debited to your account will be owed in full at the end of the term. It is entirely your responsibility to ensure that at the end of the term the remaining balance on your mortgage is repaid in full by your repayment strategy.