Interest-Only Mortgage Calculator

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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 who can offer no obligation advice and quotes. Simply click on the link above.

Initial RateTypePeriod ToProviderThe Overall Cost For Comparison APRLTV 
3.99% FixedJan 2010Woolwich (Barclays) 5.00% 60% More
4.19% FixedJan 2010Northern Rock 6.00% 65% More
4.39% FixedDec 2010Premier Mortgage Service 5.00% 65% More
4.39% StandardJan 2011Cheltenham & Gloucester 5.00% 75% More
4.39% StandardJan 2011Lloyds TSB Scotland 5.00% 75% More
4.49% FixedDec 2010Alliance & Leicester 7.00% 60% More
4.59% DiscountDec 2011Newbury Building Society 5.00% 75% More
Powered by Defaqto (Disclaimer)

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.


For Quotes & Advice on Mortgage Interest Rates complete our FREE mortgage quotes enquiry form.

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