Enter your details
£
£
%
yrs
Your monthly repayments
- Monthly repayment
- £1,500.75
- Monthly (interest-only)
- £1,012.50
- Loan amount
- £270,000
- Loan-to-value (LTV)
- 90%
- Total over term
- £450,224
£180,224 interest
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Get startedMortgage Repayment Calculator
Estimate your monthly mortgage repayments and view the full repayment plan
Repayment Plan
See how your loan balance reduces over time. Each year shows how much goes towards principal (paying off the loan) vs interest.
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | £18,009 | £5,981 | £12,028 | £264,019 |
| 2 | £18,009 | £6,256 | £11,753 | £257,763 |
| 3 | £18,009 | £6,544 | £11,465 | £251,219 |
| 4 | £18,009 | £6,844 | £11,165 | £244,375 |
| 5 | £18,009 | £7,159 | £10,850 | £237,216 |
Principal paid
Interest paid
Understanding your results
Monthly repayment is what you'd pay each month on a capital repayment mortgage, which gradually pays off both the interest and the loan itself.
Interest-only shows what you'd pay if you only covered the interest each month. With this type, you'd still owe the full loan amount at the end.
Loan-to-value (LTV) is the percentage of the property's value you're borrowing. Lower LTVs often mean better interest rates.
Repayment Plan shows how your loan is paid off over time. In the early years, most of your payment goes towards interest. As the balance decreases, more goes towards principal.
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Frequently asked questions
Related calculators & guides
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Important information
This calculator provides estimates for guidance only and does not constitute financial advice. Actual mortgage rates depend on your circumstances and the lender's criteria.
Always verify current rates with a qualified adviser and compare multiple lenders before making any decisions.