Quick Mortgage Calculator
A mortgage calculator is a simple yet powerful tool that will help you estimate what your monthly repayments might be.
Our quick mortgage calculator gives both first-time buyers and experienced homeowners a quick snapshot of potential mortgage options.
What are you waiting for? Use our mortgage calculator now and get one step closer to your dream home with a clear view of your mortgage options!
Using Our Quick Mortgage Calculator
- Enter the required mortgage loan amount
- Enter the interest rate of the mortgage product
- Enter the required mortgage loan term
- If you require an interest only mortgage tick the relevant box
- Calculate your results – instantly see the estimate of your mortgage payments.
Figures above are indicative only. To discuss your circumstances and the current products available please contact us to speak to one of our advisers.
WHAT TYPE OF MORTGAGE COULD I GET?
The right mortgage for you depends on your financial situation and goals. Common mortgage types include:
Fixed-rate mortgages: Keep your repayments predictable with a set interest rate for a specific term.
Tracker mortgages: Follow the Bank of England’s base rate, meaning your payments could rise or fall.
Interest-only mortgages: Pay only the interest each month, with the loan balance due at the end of the term.
Buy-to-let mortgages: Designed for property investors looking to rent out their home
Our mortgage calculator quick tool can help you explore these options and understand which mortgage suits your needs best. If you need expert guidance, our mortgage broker calculator connects with professional advice to secure the best deal for you.
HOW IS A MORTGAGE CALCULATED?
Mortgages are calculated based on factors including:
Loan amount – The total sum you borrow from the lender.
Interest rate – The percentage charged on the loan.
Loan term – The number of years you’ll be repaying the mortgage.
Our mortgage calculator broker tool factors in these elements to give you a realistic repayment estimate. It also considers different mortgage types including fixed-rate and variable-rate loans. This allows you to compare options instantly!
Speak to an Expert
Our calculator is a great starting point, but the real savings come from finding the right deal for your circumstances. At SPF, we’ll compare the whole market, explain your options clearly, and handle the process from start to finish.
Contact Form
Please complete the form below and one of our expert team will be in contact.