How to use the mortgage calculator
We’ve designed this basic mortgage calculator to give you a rough idea of how much your mortgage monthly payments will be.
For residential mortgages, in the main, most lenders will require you to take a Capital and Interest loan. However, most BTL mortgages are taken on an interest-only basis.
For residential mortgages, the loan should be paid off normally by the time you reach retirement, whereas we have many BTL lenders who will lend for a lot longer.
This calculator is just a guide, so if you would like help in understanding how much you could borrow or afford, speak with one of our Connect Mortgage Advisers now.
Calculate the monthly payments for a particular loan amount and interest rate using this repayment calculator.