Buy to Let Calculator

In order to get a buy-to-let (BTL) mortgage, the lender will usually require a specific rental yield to ensure that the rent you plan to charge on the property is high enough to cover the mortgage repayments. This BTL mortgage calculator enables you to calculate the expected rental yield you will get on your property so that you will know which BTL mortgages you can apply for.

This BTL calculator is easy to use: simply add the property value to the top box and the rental income you are planning to charge in the box below. Then click on whether the income period will be per month or per year. Once all the fields have been completed, click on the ‘calculate’ button and your expected rental yield will automatically be calculated.

Considering which buy-to-let mortgage is the best deal for you relies on several factors, not least of which is what you intend to do with the property in the future. If you intend to sell the property to pay off the mortgage and aren’t particularly worried about having a lower loan-to-value (LTV) for the purposes of remortgaging, then an interest-only mortgage could be for you. Alternatively, if you plan to keep the house or want to ensure that your equity in the property is growing – and want to be certain that you’ll repay the entire loan by the end of the term – then a repayment option is a good idea.