Mortgage Finance Calculators

Mortgage Repayment Calculator

Please find below a calculator that will compare your current repayments against any future borrowings.

How Much Will I Save?


Outstanding Mortgage:	£
Annual Interest Rate:		%
Remaining Mortgage Term:		yrs
Current Repayment:	£
New Mortgage Amount:	£
New Interest Rate:		%
New Mortgage Term:		yrs

Monthly Repayment	£
2 Year Difference:	£
Total Difference:	£
For tracker and variable rate mortgages the interest rate may change, this will result in your monthly payments either increasing or decreasing. Below is an example an increase in interest rates of 1% over the annual interest rate selected entered above, assuming the original rate would have increased too.
Monthly Amount (+1%):	£
2 Year Difference (+1%):	£
Total Difference (+1%):	£

We would suggest you take further mortgage advice as early repayment charges may apply.

Please note that the lender may lend but it must be ensured that the monthly amount to be repaid is affordable and that lenders also take different income multiples into account.

The information provided from these calculators is for example only and should not be relied upon. For comprehensive mortgage advice and calculations specific for your circumstances please call 0845 458 2633 to speak with one of our mortgage advisors.

Apply for a UK Remortgage

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

This site is intended for UK residents only. The overall cost for mortgages for comparison is % APR. The actual rate will depend on your circumstances. APR variable and based on a usual case. There may be an additional charge for advise on these loans.

Cheap Mortgages is a trading name of Grovelawn Limited, which is authorised and regulated by the Financial Services Authority.
Grovelawn Limited is Registered in England & Wales number 5030300. Registered Address: 98 Station Road, Sidcup, Kent, DA15 7BY.
Entered on the Financial Services Authority's Register - Register Number: 314204 - Consumer Credit Licence Number: 573287
The Financial Services Authority (FSA) do not regulate some types of buy to let, commercial, overseas mortgages, tax advice and credit or loans not secured on property.