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Basic mortgage calculator

Shows the cost per month and the total cost over the life of the mortgage, including fees & interest.

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(assuming your interest rate stays the same)

£{{resultValueText}}%

Total you'll repay over full term

(Includes mortgage debt, £{{resultsData.totals.amount | currency : "" :0}} + fees {{resultsData.totals.add_fees_text}} £{{resultsData.totals.fee_amount | currency : "" :0}} + total interest £{{resultsData.totals.total_interest_paid | currency : "" :0}})

£{{resultsData.totals.totalWithInterestAndFees | currency : "" :0}}

Could you get a cheaper rate?

Use the MSE's Mortgage Best Buys Comparison to find the best deal for you.

Your mortgage debt over time

Your remaining debt

(assuming your interest rate stays the same)

Year Remaining debt
{{$index}} £{{year.annual_actual_outstanding | currency : "" :0}}

The nerdy bit - see how the debt is gradually paid off

In the first few years of the mortgage, you're paying proportionally more interest, so the debt only reduces slowly, as the graph and table above show. However, making overpayments can eat into the debt and massively reduce the amount you repay in total as it means less interest overall (always check there aren't overpayment penalties beforehand).

Use our Overpayment Calculator to see how much you can save.

IMPORTANT! Please read...

This information is computer-generated and relies on certain assumptions. It has only been designed to give a useful general indication of costs.

It's important you always get a specific quote from the lender and double-check the price yourself before acting on the information. We cannot accept responsibility for any errors (please report faults above).