HOME--- ---------- Mortgage Calculator -------------HOME

Enter the amounts below and press the button calculate your mortgage costs
  Mortgage required
(omit commas)
 £
Repayment period
 years
Interest rate
(enter 10% as 10)
 %
Monthly payment £
(interest only) £
But be careful,
at 12% it will be:		 £
(interest only) £

The first figure gives the total monthly payment for a straight repayment mortgage, including both interest and payment towards the capital loan amount. This reduces the amount owed on the capital, month by month.

The second figure shows the amount of interest payment only.