Mortgage Calculator
Calculate the repayment amount on a capital repayment or interest only mortgage. A quick and easy way to calculate your monthly mortgage payments.
Repayment amounts are based on 12 payments per year.
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.
Anyone opting for an interest-only mortgage, such as linked to
an ISA, endowment or pension savings policy, will need to add
the cost of the monthly premiums of the policy to the interest
figure presented above. On maturity the savings policy is
intended to pay off the capital loan.
These figures are only a guide. We recommend that you obtain
exact figures from a specific lender before committing to any
mortgage.
Independent Financial Advice
We are pleased to be associated with a firm of Independent Financial Advisors who can assist in the purchase of your new property with a mortgage specifically chosen to meet your needs.
- Mortgages
- Protection
- Pensions
- Investments
- Inheritance Tax Planning
- Long Term Care Fees Planning
- Commercial Lending
As a truly independent firm of Financial Advisers, they are able to
offer you the most comprehensive and cost effective financial
arrangements available. You can be assured of a local, professional
service backed up by the highest level of technical support and the
benefit of over 30 years of financial planning experience.
Your home may be repossessed if you do not keep up the repayments on
your mortgage or any loan secured upon it. The associated firm is
not responsible for advice on taxation matters. The Financial
Services Authority does not regulate advice on taxation matters.
If you would like to arrange an appointment, please contact Grant
Properties. Advice is offered without any obligation.
