Mortgage calculator
Mortgage required:
£300,000
Interest rate:
3%
Monthly repayments
£1,352
Are you unsure what you could afford each month for your new mortgage?
Mortgages are one of the biggest commitments you’ll ever make, and it can be difficult to work out the monthly cost. Use our mortgage calculator to help.
Shanly Homes are not a lender. These results are only indicative based on a repayment mortgage product. The interest rate has been assumed to stay the same for the selected mortgage term. Repayments will be subject to the product provided and your circumstances. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Step-by-step guide
1. Enter your house value and deposit
The first step is to enter your house value and how much you can afford to pay towards your deposit.
2. Enter your repayment terms
To get an accurate idea of how much you will be paying each month, select over how many years you
want
to pay off your mortgage. The older you are, the lower the number of years you should select. You
will
also need to enter an interest rate.
3. Complete!
Now you’ll be left with a figure for your monthly repayments.
If you have any questions please contact us.
