Plan your home purchase with confidence. Enter the property price, deposit, interest rate and mortgage term to see your monthly repayment, total interest and overall cost — free, instant and private, with no sign-up needed.
How to Use
- Enter the full property price and the deposit you plan to put down.
- Add the annual mortgage interest rate and the term in years.
- Click Calculate Mortgage to see your monthly repayment.
- Review the total interest and total repayment, then press Clear to start over.
Key Features
- Instant monthly figure — your fixed monthly repayment, calculated on the spot.
- True cost breakdown — see the total interest payable and the full repayment amount.
- Deposit aware — subtracts your deposit automatically to find the real loan amount.
- Zero-rate friendly — handles interest-free arrangements without errors.
- 100% private — everything is calculated in your browser; nothing is sent anywhere.
FAQs
Is this mortgage calculator free?
Yes. It is completely free with no sign-up and no limits on how many calculations you run.
How is the monthly repayment calculated?
It uses the standard amortisation formula on the loan amount (price minus deposit), spreading principal and interest evenly across the term.
Does it include taxes and insurance?
No. The figure covers principal and interest only. Add property tax and buildings insurance separately for the full monthly cost.
Is my financial data stored anywhere?
No. The calculation runs entirely in your browser with JavaScript and nothing is transmitted or saved.
Related Tools
Compound Interest Calculator · Simple Interest Calculator · Percentage Calculator