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Whether you are a first time buyer or looking to re-mortgage, it is important that you get a realistic indication of your maximum borrowing limit and your likely repayments. As interest rates can vary, you must be aware that your payments can go up and down over the term of the mortgage. The cost of your mortgage will also be dependent on certain other factors such as the mortgage term, life insurance and income protection insurance. Also bear in mind different mortgage lenders will calculate repayments in different ways, for example daily, monthly or yearly. However for an accurate calculation the APR figure must be used. Please use our payment calculator to get an approximation of what your monthly payments will be. Also note that this calculation is for illustration purposes. For a more detailed quote please seek independent financial advice. |
