Mortgage Calculator
Estimate monthly mortgage payments, total interest and a full amortization schedule. Compare rates, terms and down payments instantly.
This estimate uses a fixed rate and doesn't include insurance, taxes, or fees your lender may add. Actual payments can differ.
Early repayment schedule
First 24 payments show how much goes to interest vs principal.
← Swipe the table to see all columns →
| Payment | Payment | Interest | Principal | Balance |
|---|---|---|---|---|
| 1 | £1,334.00 | £900.00 | £434.00 | £239,566.00 |
| 2 | £1,334.00 | £898.37 | £435.63 | £239,130.38 |
| 3 | £1,334.00 | £896.74 | £437.26 | £238,693.12 |
| 4 | £1,334.00 | £895.10 | £438.90 | £238,254.22 |
| 5 | £1,334.00 | £893.45 | £440.54 | £237,813.67 |
| 6 | £1,334.00 | £891.80 | £442.20 | £237,371.48 |
| 7 | £1,334.00 | £890.14 | £443.85 | £236,927.62 |
| 8 | £1,334.00 | £888.48 | £445.52 | £236,482.10 |
| 9 | £1,334.00 | £886.81 | £447.19 | £236,034.91 |
| 10 | £1,334.00 | £885.13 | £448.87 | £235,586.05 |
| 11 | £1,334.00 | £883.45 | £450.55 | £235,135.50 |
| 12 | £1,334.00 | £881.76 | £452.24 | £234,683.26 |
| 13 | £1,334.00 | £880.06 | £453.94 | £234,229.32 |
| 14 | £1,334.00 | £878.36 | £455.64 | £233,773.68 |
| 15 | £1,334.00 | £876.65 | £457.35 | £233,316.34 |
| 16 | £1,334.00 | £874.94 | £459.06 | £232,857.27 |
| 17 | £1,334.00 | £873.21 | £460.78 | £232,396.49 |
| 18 | £1,334.00 | £871.49 | £462.51 | £231,933.98 |
| 19 | £1,334.00 | £869.75 | £464.25 | £231,469.73 |
| 20 | £1,334.00 | £868.01 | £465.99 | £231,003.75 |
| 21 | £1,334.00 | £866.26 | £467.73 | £230,536.01 |
| 22 | £1,334.00 | £864.51 | £469.49 | £230,066.53 |
| 23 | £1,334.00 | £862.75 | £471.25 | £229,595.28 |
| 24 | £1,334.00 | £860.98 | £473.02 | £229,122.26 |
Frequently asked questions
How much can I borrow for a mortgage?
Most lenders offer roughly 4 to 4.5 times your annual income, though this varies. Use this calculator to see the monthly cost of the amount you're thinking of borrowing.
What is included in a monthly mortgage payment?
A payment typically covers principal and interest on the loan. Insurance, property taxes and fees are often added separately by your lender.
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