Mortgage Repayment Calculator
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£
Interest only amount cannot be higher than the total mortgage amount.
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Repayment Types
Capital and interest:
Repays both the mortgage balance and interest over the agreed term, meaning the loan is fully repaid at the end of the mortgage.
Interest only:
Pays only the interest charged on the mortgage. The original loan balance remains outstanding and will need to be repaid separately at the end of the term.
Part and part:
A combination of repayment and interest-only borrowing, where part of the mortgage balance reduces over time and part remains outstanding until the end of the mortgage term.
Loan Value Over Time
See how your selected borrowing structure affects the loan balance over time, and add a monthly overpayment to model how the debt could reduce faster.
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Estimated Time Saved
0 months
Estimated Interest Saved
£0.00
Most lenders allow overpayments up to 10% of your outstanding mortgage balance each year without incurring an early repayment charge during a fixed or discounted rate period. Limits and conditions vary by lender and mortgage product. Check your mortgage offer before making overpayments.
Selected mortgage
With monthly overpayments
| Year | Selected Mortgage Balance | With Overpayments | Capital Paid | Interest Paid |
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This calculator is for illustration only. It does not include fees, lender rules, early repayment charges, product changes, or changes to interest rates.
