Buying a home? Understanding your mortgage costs is key to making informed financial decisions.
Knowing how much you can borrow is important - it'll essentially determine which properties are within your budget. Use our affordability calculator to work out how much you can roughly borrow.
If you've a mortgage in mind, check to see if you already have enough of a deposit to apply now. If not you can work out how soon you could apply, depending on how much you can save each month.
Whether you've found a mortgage deal and not sure what the monthly payments might be or you're looking to see how much you can afford, use our mortgage calculator to get the information you need.
If you aren’t a first-time buyer buying up to £300,000 , you’ll have to pay stamp duty on your house purchase. Use our tool to calculate how much stamp duty you’ll pay today.
Lenders look at a few key things:
It’s all about making sure you can afford your repayments now and in the future.
When you take out a mortgage, you repay it monthly over a set number of years. Each payment usually covers:
If you choose a repayment mortgage, you’ll pay off both the capital and interest each month, meaning you’ll own your home outright at the end of the term. If you go for an interest-only mortgage, you’ll just pay the interest each month and will need a plan to repay the loan later.
Nope! Our calculators are free to use, and you don’t need to enter any personal details or sign up for anything.
Not at all. They’re just tools to help you get an idea of your finances, no credit checks involved.
That’s totally fine. These tools give you a snapshot based on what you enter. If your income, deposit, or interest rates change, you can always come back and try again.
Absolutely! If you’d like to chat about your options our trusted partner Mortgage Advice Bureau can answer any questions you may have and will talk you through the next steps.