Find out what your monthly mortgage payment would be.

Use our UK mortgage repayment calculator to estimate your monthly payments.

Enter the amount you want to borrow, the interest rate, the length of the mortgage term, and select a mortgage type (repayment or interest only) to estimate how much this will cost each month.

Play around with the length of the mortgage term (the number of years you want to repay the mortgage for), and the amount you want to borrow to see how the mortgage payments change.

Have a question? Call us 0333 320 8300


Monthly Mortgage Payment

Monthly Cost Increase

Not what you expected? More than you'd hoped for?

This calculator is only a general guide. To get the best mortgage tailored to your needs, speak to one of our trained advisors today.

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Mortgage Calculator FAQs

What is a Repayment Mortgage?

This type of mortgage means that each month you pay back the monthly interest, and a bit of the principle loan amount. This means over time you owe less, because you are slowly paying off the loan amount itself, as well as the interest.

What is an Interest-Only Mortgage?

This type of mortgage means that you only pay back the monthly interest each month. You will still owe the full amount of the loan at the end of the term, and you will need to have a plan in place (which is acceptable to the lender) to pay this off.

Repayment vs. Interest Only

An Interest Only mortgage will cost less on a monthly basis than a Repayment mortgage, but it is worth considering which product is better for you in the long run as you will still need to pay back the principle debt at the end of the mortgage term on an Interest Only mortgage.

As a general principle, most residential mortgages are on a Repayment basis and most Buy to Let mortgages are Interest Only.

Your McRobieAdams adviser will be able to help here.