Mortgage Calculators
There are a number of generic calculators on this site
that are designed to help you assess how much you can
or should borrow, as well as to compare and choose between
different mortgage products.
None of these calculators are linked to any database
of mortgage products - if you wish to get a quote for
actual mortgage products, please
click here.
1. How much can
I borrow?
Use this calculator to work out approximately how much
you will be able to borrow according to different lending
criteria.
2. How much
can I afford?
Use this calculator to work out how much income you have
left at the end of each month to spend on your mortgage
repayments. You can be as comprehensive or as rough as
you wish.
3. Repayment calculator
This calculator takes a loan amount and calculates
the monthly repayments over a set term or the whole life
of the mortgage. It also allows you to caculate the overall
APR for the loan and the Internal Rate of Return for the
assumed life of the mortgage.
4. Compare two mortgages
It is not usually easy to accurately compare mortgages
that have different interest rates, introductory offers,
application fees, cashback amounts and other such intricacies.
However, if you have all of the details regarding two
mortgage schemes, this calculator does all of the maths
for you. Simply fill in all of the required fields below
and this calculator will work out the internal rate of
return of the two schemes, as well as the APR.
