Calculate my Mortgage

As simple as it seems, all you have to do is submit the mortgage value you want to accept. Did you find the mortgage pack you're after?

What are my mortgage rates?

If you would like more information about when interest is added to your loans, please visit our Fee and Fee page. When the interest on your mortgage changes, we re-calculate the interest calculated at the date of the interest adjustment, regardless of which interest system is applicable to your mortgage.

Remember that when you repay (fully repay) your mortgage, interest will be calculated up to the date of refund. Specific rules shall be applied to interest bearing floating draw and life mortgage loans. For more information on these mortgage categories, please call us.

hypothecary calculator

Specify the mortgage you want to borrow, the interest you expect to pay and the duration of the mortgage and click Calculate. You can use the computer to make an estimation of the redemption payments for a redemption mortgage (principal and interest) and for a pure interest mortgage. They will find that the pure interest is lower than the principal and the interest.

It is because you only pay back the interest to the creditor. When you take out an interest-based borrowing for £100,000 (e.g.). You' re still gonna be owein' the creditor £100,000 in 25 years. They should have some means to repay a pure interest mortgage.

Calculator offset | Current clients

Gain a better idea of the possible cost reductions you could make by setting off your life saving against your mortgage. In the case of a counter balance the mortgage interest is charged only on the amount of the balance between the two sums. On the basis of the information provided, an example of the possible advantages of compensation: a refund of: could disburse your mortgage in: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a monthly: a) could rep repay your mortgage in: a: a: a monthly: a) giving interest savings:

On the basis of the information provided, a presentation of the possible advantages of offsetting: Discounted montly refund of: I could take out your mortgage: For illustrative reasons only, the computations used in the demonstration are made on the basis of the following assumptions: Interest remains the same throughout the life of the mortgage - our real mortgage interest depends on prevailing mortgage markets and changes from period to period.

The mortgage interest actually available depends on prevailing mortgage markets and therefore changes from period to period. Needs the establishment and maintenance of a steady (i.e. fixed) mortgage throughout the life of the mortgage. Mortgages are repaid using the redemption option. Interest is not paid on the credit balances. During the entire duration of the mortgage, either montly saving accounts are made regularly (according to the "Monthly saving account" entered) or a permanent saving account is kept (according to the "Current saving account" entered).

Make a fixed contribution to your associated offset saving bank in the amount stated above and keep this amount. In the example used on this page, it is assumed that low and higher rates of taxation do not charge taxes on their saving and that 45% interest taxes are charged to those with an extra charge and are calculated on the basis of HM's existing income and customs regulations, which may vary.

The use of the personal saving allowance payable by the client is not contained in these figures. In this way, you can better benchmark the returns you can earn from your life insurance deposits over the years. You can find more information on the possibilities of paying using off-set payments in our manual for off-set payments. No results found for this keyword.