Mortgage calculator
The Mortgage Calculator below is intended as a guide only and will calculate payments based on the Amount, Repayment Term and Interest rate input.
The first figure it provides is the Total Monthly Repayment for a repayment mortgage including both interest and payment towards the capital loan. This type of mortgage reduces the capital amount you owe on a month by month basis. The second figure shows the amount of interest payment only.
* For Interest Only mortgages you need to add on the cost of repaying the capital with a repayment vehicle such as an ISA or Endowment Policy.
The above payments are for illustration purposes only. You need to consider any insurance payments that also need to be made.
To find out exactly what your mortgage costs will be, including any valuation and set up fees, you should speak to an Independent Mortgage Adviser like myself. If you wish to talk through figures please use the Contact Hull Money Man tab to the left and I will be in touch.
