Interest Only Mortgage Calculator

Free mortgage calculator - work out interest only repayments...

Our free interest only mortgage calculator can help you work out your potential monthly repayments:


For, some of the top mortgage deals on the market, see the table below:


Initial RateProviderPeriod ToTypeThe Overall Cost For Comparison APRLTV 
1.84% Alliance & LeicesterMar 2012Variable 4.80% 70% More
1.89% Alliance & LeicesterMar 2012Variable 4.80% 70% More
1.99% Alliance & LeicesterMar 2012Variable 4.80% 70% More
1.99% Cheltenham & GloucesterMay 2012Variable 2.80% 60% More
1.99% Cheltenham & GloucesterMay 2012Variable 2.80% 60% More
1.99% Lloyds TSB ScotlandMay 2012Variable 2.70% 60% More
2.00% Chorley & District BSMar 2011Discounted Variable 5.20% 75% More
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*for existing customers only

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

If you want to work our how much your monthly repayments will be if you are looking for an interest only mortgage, use our interest only mortgage calculator which will do it for you. This can help you to work out a budget and ensure that you do not get behind on payments. To quickly and clearly see how much your mortgage payments will be, simply enter:
  • How much you want to borrow
  • The interest rate you are expecting to pay
  • The duration of your mortgage

And our interest only mortgage calculator will work out the cost per month. It can also calculate the cost for a repayment mortgage, so that you can compare the two.

Once you have worked out a budget, it is a good idea to speak to a professional about setting up a mortgage deal. We work with specialist mortgage brokers - simply click on the link for interest only mortgage quotes and advice with no obligation.