If you are looking to take out a second mortgage, it may be useful to shop around before opting for any particular deal. There are thousands of options on the market, with different rate options, repayment and interest only plans and flexible mortgages with options for overpaying, underpaying and payment holidays.
You can use our online mortgage calculator to compare deals. By entering details about:
- The mortgage amount
- The mortgage term
- The interest rate
The calculator will work out how much the monthly repayments will be, either for repayments or interest only mortgages.

