Mortgage Calculator
Get an instant estimate of your monthly mortgage payments. Adjust the property price, deposit, interest rate, and term to see how your repayments change.
Your Details
Your Estimated Monthly Payment
per month
Payment Breakdown
Know what your home is worth first
Stamp Duty Estimate
Based on the property price you've entered above, here's an estimate of the Stamp Duty Land Tax (SDLT) you'd pay. Rates shown are for residential purchases in England.
* Estimates only. Based on current SDLT rates for England. First-time buyer relief may apply. Consult a solicitor or financial adviser for exact figures.
Helpful Tips
Save a Bigger Deposit
A larger deposit means a lower LTV ratio, which typically unlocks better interest rates and lower monthly payments.
Compare Mortgage Deals
Don't just go with your bank. A mortgage broker can search the whole market and often find rates you wouldn't see on the high street.
Consider the Term Length
A longer term means smaller monthly payments, but you pay more interest overall. A shorter term costs more monthly but saves thousands in the long run.
Get an Agreement in Principle
Before you start viewing properties, get an AIP from a lender. It shows sellers you're serious and able to proceed.
Disclaimer: This calculator provides estimates only and should not be taken as financial advice. Actual mortgage payments will depend on the lender, your credit history, and the specific mortgage product. Clarke Residential is not a mortgage adviser. We recommend speaking to a qualified, independent mortgage broker before making any financial decisions. Your home may be repossessed if you do not keep up repayments on your mortgage.