Mortgage Calculator
A
quick and easy way to calculate your monthly mortgage
payments. Simply enter the amount you wish to borrow, the term
over which you intend to pay it off and the interest rate.
Then hit the 'Calculate' button.
Your Results
The first figure gives the total monthly payment for a straight
repayment mortgage, including both interest and payment towards the
capital loan amount. This reduces the amount owed on the capital,
month by month. The second figure shows the amount of interest
payment only.
Anyone opting for an interest-only mortgage, such as linked to an
endowment, ISA or pension savings policy, will need to add the cost
of the monthly premiums of the policy to the interest figure above.
On maturity the savings policy is intended to pay off the capital
loan
These figures are only a guide. We recommend that you contact us to obtain
exact figures, before committing to any
mortgage.
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