Mark Warren Estates logo Mark Warren Estates - Homes for sale in North Manchester
Homes for sale in North Manchester


Middleton Office: 0161 643 2827

Mortgage Calculator

A quick and easy way to calculate your monthly mortgage payments.

Simply enter the amount you wish to borrow, the term over which you intend to pay it off and the interest rate, then hit 'Calculate'.

mortgage required
  £
(omit commas)
repayment period years
interest rate %
monthly payment £
interest only part £

Monthly payment 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.
Interest only part figure shows the amount of interest payment only.

Anyone opting for an interest-only mortgage, such as linked to an endowment, PEP or pension savings policy, will need to add the cost of the monthly premiums of the policy to the interest figure 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.

This calculator requires a javascript enabled browser.
copyright © 2008 Mark Warren. All rights reserved.