Find Out The Effect Changing Interest Rates Will Have On Your Mortgage Payments (Repayment Mortgages Only)
Please fill in the following details to calculate the effect of interest rates on payments of repayment mortgage
To use this mortgage calculator: enter the figures in the boxes with the Blue text. The Resulting answers will appear automatically in the Red text Boxes on the right.
Please note this calculator must only be used as a guide. You can easily confirm the correct information with your mortgage lender. Or ask a mortgage broker.
The quickest way to find out anything about your mortgage is to ask an experienced mortgage broker. We can put in contact with one from here.
Important note about your credit rating
Many websites don’t make it clear that filling in their mortgage enquiry form means you might be credit checked.
This can put you at risk.
UK Mortgage lenders may assume an enquiry you have aleady made to another lender means you were turned down – and not that you are in fact carefully shopping around and rejecting the bad deals.
The best way around this significant problem is to ask an independent mortgage adviser to make anonymous enquiries for you.
Without risking your credit score an adviser can find you the best available mortgage deal. They will also know how likely you are to be accepted by the lender if you decide to make a formal application.
If you would like a recommended adviser to check out the best deals for you, anonymously, simply fill in the quick form below.
” Hmm…” You might think; “Won’t I be hounded by a salesman hungry for my business? ”
This is the most common question we hear from our users.
The answer is no you won’t.
Firstly your enquiry is only passed to ONE person on a carefully vetted list of independent advisers.
Secondly, these mortgage advisers are professionals. Even when the market is slow they are busy people. There many people who need to move homes, or get a remortgage and are looking for advice all the time. Regardless of the state of the property market, life goes on.
So the advisers don’t have time to hassle people. It just doesn’t work like that. No one is gong to be forced into taking out a mortgage unless they really need one.
The advisers are very used to talking with people, perhaps like yourself, who are only “dipping their toes” into the water.
Many people just want an initial quick chat and if they feel comfortable will ask the advisor to contact them again later – often in several weeks or months. As a professional, the adviser will simply diarise this and call back at the appropriate time. There is no obligation at all.
(In the unlikely event that you ever feel at all “hassled” by someone on our list please let us know immediately. We have never heard of this. But if it happened we would definitely want to know).
“Thank you… the form was very quick. After many long phone calls to various lenders – where I’d go over the same details again and again – I was amazed at how easy you made it. You’ve saved me £1000’s…. “
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