Mortgage Calculator - Find a Mortgage with Moneyfacts
 

Mortgage Calculator

How to use our mortgage calculator tool...

Our comprehensive mortgage comparison calculator not only shows you your estimated monthly repayments, interest and product fees, it is also able to filter down to all the mortgages on the market that match your search criteria. This is a completely transparent mortgage comparison tool.

Your tailored repayment details will be displayed underneath each product in your search results.

  • £
  • £ 60% LTV
  • yrs

Refine your search

Searching all 5548 mortgages, the following best match your search criteria and are displayed in order of lowest initial rate.

Your Mortgage Search

Compare
Up to 3 products
side by side
Rate APRC Mortgage Type Product Fees Initial Monthly Payment Total Amount Repayable Apply Today

1.17% reverting to 4.25% 4.3% Discounted Variable to 31/12/2020 £1,495 £576.93 £245,893 Details...
Speak to an Adviser
Representative Example: 26 monthly payments of £576.93, 36 monthly payments of £791.56 and 238 monthly payments of £842.55. Total interest of £94,023, valuation fees of £235 and product fees of £1495.

1.24% reverting to 5.24% 4.8% Discounted Variable to 2 Years £2,149 £581.75 £257,130 Details...
Speak to an Adviser
Representative Example: 24 monthly payments of £581.75 and 276 monthly payments of £871.58. Total interest of £104,518, valuation fees of £288 and product fees of £2149.

1.32% reverting to 4.69% 4.8% Variable to 31/10/2020 £999 £587.30 £261,214 Details...
Speak to an Adviser
Representative Example: 24 monthly payments of £587.30 at a tracker rate of 1.32%, 36 monthly payments of £828.42 and 240 monthly payments of £900.20. Total interest of £109,966, valuation fees of £0 and product fees of £999.

1.34% reverting to 4.25% 4.3% Discounted Variable to 28/02/2021 £1,495 £588.69 £245,545 Details...
Speak to an Adviser
Representative Example: 28 monthly payments of £588.69, 36 monthly payments of £791.36 and 236 monthly payments of £841.96. Total interest of £93,675, valuation fees of £235 and product fees of £1495.

1.37% reverting to 4.74% 4.3% Discounted Variable to 2 Years £699 £590.79 £245,239 Details...
Speak to an Adviser
Representative Example: 24 monthly payments of £590.79 and 276 monthly payments of £832.72. Total interest of £94,010, valuation fees of £330 and product fees of £699.

1.38% reverting to 4.69% 4.9% Variable to 31/10/2020 £999 £591.48 £261,446 Details...
Speak to an Adviser
Representative Example: 24 monthly payments of £591.48 at a tracker rate of 1.38%, 36 monthly payments of £828.86 and 240 monthly payments of £900.68. Total interest of £110,198, valuation fees of £0 and product fees of £999.

1.38% reverting to 4.99% 4.6% Fixed to 31/10/2020 £1,995 £591.48 £251,626 Details...
Speak to an Adviser
Representative Example: 24 monthly payments of £591.48 and 276 monthly payments of £852.61. Total interest of £99,516, valuation fees of £0 and product fees of £1995.

1.38% reverting to 4.25% 4.3% Discounted Variable to 31/12/2020 £995 £591.48 £246,239 Details...
Speak to an Adviser
Representative Example: 26 monthly payments of £591.48, 36 monthly payments of £793.18 and 238 monthly payments of £844.27. Total interest of £94,869, valuation fees of £235 and product fees of £995.

1.38% reverting to 4.25% 4.3% Fixed to 31/12/2020 £1,495 £591.48 £246,739 Details...
Speak to an Adviser
Representative Example: 26 monthly payments of £591.48, 36 monthly payments of £793.18 and 238 monthly payments of £844.27. Total interest of £94,869, valuation fees of £235 and product fees of £1495.

1.39% reverting to 4.19% 3.8% Fixed to 30/11/2020 £1,499 £592.18 £233,444 Details...
Go to Site
Representative Example: 25 monthly payments of £592.18 and 275 monthly payments of £789.42. Total interest of £81,895, valuation fees of £0 and product fees of £1499.

1.39% reverting to 4.19% 3.8% Variable to 2 Years £999 £592.18 £233,340 Details...
Go to Site
Representative Example: 24 monthly payments of £592.18 at a tracker rate of 1.39% and 276 monthly payments of £790.14. Total interest of £82,291, valuation fees of £0 and product fees of £999.

1.39% reverting to 4.69% 4.9% Fixed to 31/12/2020 £1,999 £592.18 £261,233 Details...
Speak to an Adviser
Representative Example: 26 monthly payments of £592.18, 36 monthly payments of £827.18 and 238 monthly payments of £898.36. Total interest of £108,985, valuation fees of £0 and product fees of £1999.

1.39% reverting to 5% 4.4% Discounted Variable to 2 Years None £592.18 £249,996 Details...
Speak to an Adviser
Representative Example: 24 monthly payments of £592.18 and 276 monthly payments of £853.49. Total interest of £99,776, valuation fees of £0 and product fees of £0.

1.42% reverting to 4.25% 4.3% Fixed to 31/12/2020 £1,695 £594.28 £247,099 Details...
Speak to an Adviser
Representative Example: 26 monthly payments of £594.28, 36 monthly payments of £793.49 and 238 monthly payments of £844.59. Total interest of £95,029, valuation fees of £235 and product fees of £1695.

1.42% reverting to 4.99% 4.5% Variable to 2 Years £995 £594.28 £250,779 Details...
Speak to an Adviser
Representative Example: 24 monthly payments of £594.28 at a tracker rate of 1.42% and 276 monthly payments of £852.92. Total interest of £99,669, valuation fees of £0 and product fees of £995.
Now showing 1 to 15 of 2684 results
Disclaimer:

Credit will be secured by a mortgage on your property. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Written quotations are available from individual lenders. Loans are subject to status and valuation and are not available to persons under the age of 18. All rates are subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing.

 

How to compare mortgages using the mortgage calculator

Comparing mortgages can be complicated. There are a lot of technical terms involved, as well as various payments and fees to consider. We have designed our mortgage Best Buy tables to make it a little easier to find the best mortgages, but we realise they can't cater for everyone, and you might want to search for a mortgage across the whole of the market instead.

Our mortgage comparison tool allows you to compare all mortgage rates and lenders based on your own specific requirements. Our search will filter through every product on the market and show you as many details as possible about products that match your criteria.

If you would like further help and information about selecting a mortgage product, we can help with that, too. We have partnered with a team of expert and experienced mortgage advisers who are on hand to help with your decision. To talk to one, call 0800 193 6644.

On this page:

  1. How to get the best results
  2. What type of mortgage should I choose?
  3. How much can I borrow?
  4. Mortgage fees explained
  5. What else do I need to consider when looking for a mortgage?
  6. Should I use a mortgage broker?
  7. Find mortgages by LTV

How to get the best results

Just fill in a few details about:

  • The amount you want to borrow
  • How much the property you want to buy or remortgage is worth
  • The kind of mortgage you need

The mortgage calculator will use this information to display all products that may be available to you based on your criteria. Underneath each product listing you will see a representative example of the repayments and fees you would have to pay if you successfully applied for the mortgage. This example will include a breakdown of your mortgage payments, the total interest you will pay, and an estimate of the applicable fees.

We only ask for the information that is needed to return the best search results possible. For a more general idea of what your monthly payments might be, have a look at our monthly mortgage payment calculator.

We will display your mortgage comparison results with the mortgages you can apply for at moneyfacts.co.uk first. To reorder the columns, click on your preferred column heading. You can also compare up to three mortgages separately to help you create a shortlist.

Get started now and enter your details to compare all mortgages.

What type of mortgage should I choose?

Some decisions are simple to make; you’ll know whether you are looking to move home, remortgage or even buy your first home. By putting this information in, you are making sure that those mortgages that don’t allow your specific situation are filtered out.

Other choices may not be so simple. Under Mortgage Type, you will find fixed, variable, capped and tracker. Maybe you don’t mind which one you get (which is the default option), but it is still helpful to know how they differ.

Fixed rate mortgages give you repayment security over the initial term, while variable rate mortgages can go up and down throughout the life of the mortgage. Capped and tracker mortgages are specific types of mortgages that either have a maximum rate, or follow a certain external measure (usually the Bank of England base rate). You can read more in our capped and tracker mortgages guides, or read our offset mortgage guide for another option if you have a large savings pot that isn’t gaining much interest.

Which of these mortgage types you choose will depend on your personal preference and attitude towards risk, as well as the wider market. This decision further depends on what kind of initial period you’re after, especially in relation to fixed rate deals. A longer initial term means more security but also usually a slightly higher rate, while for variable rates there’s less security regardless of term and there might not even be an initial, discounted period.

You can also choose between two Repayment Types in our mortgage finder. With an interest-only mortgage, you only pay off the interest each month. You don't pay off the capital (i.e. the actual amount of the mortgage) until the end of your mortgage term. As such, you will need to be prepared to pay back the capital in full at the end of the term.

To get a better idea of what you will need to pay each month with a repayment compared to an interest-only mortgage, you could use our mortgage payment calculator, which calculates monthly repayments for both. Taking out an interest-only mortgage may look like a cheaper option at first, but it actually means that you pay more interest in the long run, and you need to be putting money aside to build up an amount to repay the mortgage at the end of the term

Because you are not paying off any of the capital, you are always paying the same amount of interest on the entire sum borrowed. This is different from normal repayment mortgages, where you will be paying interest on a smaller amount each month as your mortgage decreases. As a result of this and the financial crisis, there are fewer and fewer interest-only mortgages on offer, and they should only be considered by those with a firm repayment plan of their own.

How much can I borrow?

To get an idea of how much you’ll be able to borrow, and therefore what kind of property you’ll be able to afford, click through to our quick and easy mortgage borrowing calculator. All you need to know is how much you’ll be able to afford every month and the rate of the mortgage(s) you’re considering, which can be found in the table above.

Of course, every provider will have its own criteria, and the mortgage you are offered will also depend on your credit rating and personal circumstances, such as your (combined) income. To find out what income counts towards a mortgage application, read our guide on the subject.

Once you have an idea of how much you’ll be able to borrow, you can figure out pretty easily how big a deposit you’ll need. Simply speaking, it comes down to the difference between the property value and the mortgage required, as can be seen in the mortgages calculator above.

Mortgage fees explained

Aside from the rate, an important column of the mortgage rate calculator to pay attention to is ‘Product Fees’. In some cases, a mortgage with a lower rate can work out as more expensive due to the initial provider fee. This is why we’ve also displayed the ‘total amount repayable’ in a separate column, to give you a better idea not just of what the effect the interest rate will have, but also the impact of fees.

Mortgage fees can be described as booking or arrangement fees, but either way they are an essential part of the mortgage process. While a lot of providers will allow you to add these fees to the mortgage amount, it’s better to pay it if you are able to, given the interest that would otherwise be added to the price.

Note that there are more fees to take into account than just the product fees, with legal fees, stamp duty, valuation fees and moving costs all adding to the total. That’s why it can be useful if a provider offers free valuation fees, or even some cashback, to save you some money. Always look at the total package before making a choice, however.

What else do I need to consider when looking for a mortgage?

When choosing a mortgage, the most important thing to consider is the cost. While you may be tempted to go for a name you recognise, don’t discount the smaller providers, as they may be able to give more personalised support and could offer the better deal.

Also consider the term you’re signing up for. While it may provide more security to sign up to a five-year fixed rate mortgage deal, this may come with high charges should you wish to change your mortgage early. Think about what you’re comfortable with, and how the market might be doing in a few years’ time, as well as the competitiveness of the deal itself.

As for your personal situation, you may want to avoid changing jobs if you’re looking to get a mortgage in the near future. Steady and continuous employment make you less of a risk for providers, so you’ll likely be offered better deals.

Should I use a mortgage broker?

You may find that if we can't connect you directly to a mortgage provider, we'll recommend applying for the mortgage via a broker. There are many reasons to use a mortgage broker, but in brief it is their job to find you the best mortgage deal. Although you will have to pay for their services, you may end up paying less than you would have done if you'd applied for the mortgage directly if they can find you a better overall deal. For more information about mortgage brokers, read our mortgage broker guide.

Find mortgages by LTV

Compare 80% LTV mortgages

Compare 85% LTV mortgages

Compare 90% LTV mortgages

Compare 95% LTV mortgages

Compare 100% LTV mortgages

Written by Lieke Braadbaart, last updated: 02/07/2018

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