Mortgage Payment and Overpayment Calculators
Use our comprehensive tools to calculate your monthly mortgage payments and discover how overpayments can help you save money and pay off your mortgage faster.
For personalized mortgage advice, we recommend speaking to one of our expert advisers. This calculator is intended for illustrative purposes only and does not constitute financial advice. The results are based on the figures inputted and should be used as a guide only.
There may be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £395 to £695 and we don’t charge a fee for product transfer. This will be discussed and agreed with you at the earliest opportunity.
Mortgage Payment Calculator
Understand your monthly mortgage payments with ease. Our mortgage payment calculator helps you estimate your monthly payment based on loan amount, interest rate, and loan term.
How to Use the Mortgage Payment Calculator
Simply enter the total amount of your mortgage, the interest rate, and the term of the loan. The calculator will provide you with an estimate of your monthly payments, giving you a clearer picture of your financial commitment.
Why It’s Important to Know Your Monthly Mortgage Payment
Knowing your monthly mortgage payment is crucial for budgeting and financial planning. It ensures you can manage your expenses effectively and avoid any surprises.
Mortgage Overpayment Calculator
Discover how making regular overpayments can significantly reduce the term of your mortgage and save you thousands in interest payments over the life of your loan.
How to Use the Overpayment Calculator
Enter your current mortgage details, including the loan amount, interest rate, and loan term. Then, add the amount you plan to overpay each month. The calculator will show you how much sooner you can pay off your mortgage and how much interest you will save.
Benefits of Making Mortgage Overpayments
Overpaying your mortgage can help you become mortgage-free sooner and reduce the overall cost of your loan. It’s an effective strategy to save on interest and build equity faster.