MoneySavingExpert ChairFounder, Martin Lewis · Editor-in-Chief, Marcus Herbert

Basic mortgage calculator

A mortgage is one of the biggest commitments you’ll make in your financial life. But with so many possible deals out there, it can be hard to work out which would cost you the least. Our mortgage calculator helps, by showing what you’ll pay each month, as well as the total cost over the lifetime of the mortgage, depending on the deal – you just need to input some basic info, such as interest rate and fee size.

£
years

1 to 40 years

%
or
£

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Your Results

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.

  • 1) Interest is charged monthly.
  • 2) Interest rate stays the same over the term.
  • 3) If you selected 'Interest only', we assume your standard monthly payment doesn't decrease even if you pay off some of the balance.

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).

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