Repayment calculator

Loan Amount:

Length of Mortgage Term:

Interest Rate:

MONTHLY REPAYMENTS

Based on borrowing at an interest rate of 5% for 25 years, your monthly repayments would be:

Interest-only:
£2,083.33 per month
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Repayment:
£2,922.95 per month
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LOAN VALUE OVER TIME

Year	Beginning Balance	Interest	Principal	End Balance
1	£300,000.00	£17,899.78	£3,684.04	£296,315.96

IMPORTANT INFORMATION

The above calculations are only examples and are not guaranteed. Loans are subject to status and valuation and are not available to persons under 18 years of age. Written quotations available from individual lenders. For secured loans the lender will require a charge on your property and in the case of endowment mortgages, an endowment/life policy for the amount of the advance and a charge over the property. For interest only mortgages, the above calculations do not take into account the cost of any endowment, pension or other savings plan being used to repay the loan. In addition, the figures shown in respect of both repayment and interest only mortgages do not include the cost of additional life cover.

Please note, this information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of lenders. Make an appointment to receive mortgage advice suitable for your needs and circumstances.

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