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:

 

 

About you
Your income
Partner income
Income = £90,000
This calculates your maximum loan
Your property
Property value
Your deposit
Borrow = £200,000
Your loan to value (LTV) = 44%
Your mortgage
Mortgage Type
Payment Method
Payment Term
LenderInitial RateRate TypeInitial Monthly
Payment
Cost For
Comparison
Max LTVTotal FeesEnquire
TSB1.79%Fixed
Nov-2016
£827.41
3.9%
60%£2520
Call direct
0808 256 1991
Post Office1.98%Fixed
Aug-2016
£845.77
4.2%
75%£1465
TSB2.24%Fixed
Nov-2016
£871.28
3.9%
60%£1520
Call direct
0808 256 1991
Post Office2.38%Fixed
Aug-2016
£885.20
4.2%
65%£0
Post Office3.29%Fixed
Aug-2017
£978.87
4.3%
80%£0
Post Office3.45%Fixed
Aug-2019
£995.90
4.2%
80%£1965
Post Office3.55%Fixed
Aug-2019
£1006.62
4.3%
80%£1465

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.

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

The above mortgage products highlighted on this website are 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