Mortgage Repayment Calculator
Our remortgage savings calculator shows the savings possible by remortgaging. The calculator will illustrate the savings you could make by remortgaging with one of our actual mortgage products.
It provides a quick and easy way to calculate your monthly mortgage payments. Simply enter the amount you wish to borrow, the term over which you intend to pay it off and the interest rate. Then hit the 'Calculate' button.
The first figure gives the total monthly payment for a straight repayment mortgage, including both interest and payment towards the capital loan amount. This reduces the amount owed on the capital, month by month. The second figure shows the amount of interest payment only.
Anyone opting for an interest-only mortgage, such as linked to an endowment, ISA or pension savings policy, will need to add the cost of the monthly premiums of the policy to the interest figure above. On maturity the savings policy is intended to pay off the capital loan.
These figures are only a guide. We recommend that you obtain exact figures from Keysolution s Mortgage Centre befor ecommiting to a mortgage.
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Mortgage Calculators are for illustration purposes only, please contact Key Solutions Mortgage Centre for professional mortgage advice and a mortgage quote.
