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:


Current Mortgage Deals
Initial RateProviderPeriod ToTypeAPR*LTV 
1.99% The Mortgage WorksNov 2011Variable 4.70% 75% More
1.99% Cheltenham & GloucesterNov 2012Variable 4.00% 75% More
1.99% Lloyds TSB ScotlandNov 2012Variable 3.90% 75% More
2.00% Chorley & District BSSep 2011Discounted Variable 5.20% 75% More
2.19% Alliance & LeicesterSep 2012Variable 4.20% 70% More
*APR - Overall Cost for Comparison
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Mortgage Deal Selection - Call Lender Direct
Initial RateProviderPeriod ToTypeAPR*LTV 
2.89%
Lifetime TrackerTracker3.00%70% 
Lifetime Tracker Deal. Capital Repayments up to 10% without penalties.Product fee £1499. Early repayment fee 1% of balance repaid until 30/11/2012. Call 0845 0701720
2.54%
2 YearsTracker3.50%75% 
2 Year Tracker Deal. Capital Repayments up to 10% without penalties. Product fee of £945. Early repayment fee of 2% for first 2 years. Call 0800 1838892
3.39%
2 YearsFixed4.10%60% 
2 Year Fixed Deal. No product fee. An early repayment charge applies until 31/08/2012. Maximum LTV 60%. New purchase only. Call 0800 068 7624
3.75%
NAVariable3.80%75% 
Offset Mortgage Deal. Designed to give you financial flexibility by helping you pay off your borrowing early by bringing all your finances together. Call 0845 8055689
4.95%
Aug 20122 Year Fixed4.24%80% 
First Time Buyer 2 Year Fixed Deal. £995 Product Fee. Call 0800 077 3454 to speak to a Santander Mortgage Specialist
4.99%
Sept 20122 Year Tracker 4.00%85% 
First Time buyer 2 Year Tracker Deal. Product Fee £497. Repayment Mortgage Only. Early Repayment Fees Apply. Call 0845 293 77 26 to speak to a Halifax Mortgage Specialist
5.45%
July 2012Fixed4.10%90% 
First Time Buyer 2 Year Fixed Deal. Early repayment charge until July 2012. Capital Repayments up to 10% without penalties. There is a product fee of £999. Call 0808 1091690
6.89%
Aug 2015Fixed5.20%90% 
First Time Buyer 5 Year Fixed Deal. For new Nat West Customers only. Maximum loan £300k. No Product Fee. Call 0800 1582934
2.99%
2 YearsFixed4.80%60% 
2 Year Fixed Deal No application charge. No Completion fee. Call 0845 0701720 and quote FI2. Monday-Thursday 9am-8pm, Friday 9am-5.30pm, Saturday 9am-12pm
*APR - Overall Cost for Comparison

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

The above mortgage products are a selection of deals available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker 

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.