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## About the Mortgage Calculator

The mortgage calculator allows you to calculate the total cost of your mortgage, the monthly mortgage repayments and the percentage of your deposit compared to the total cost of the property value.

The mortgage calculator will provide results for 15, 20, 25 and 30 years as a default, you can also enter your own mortgage term. This allows you to view the comparative monthly mortgage payments when taking a mortgage over shorter or longer terms. **Note: **The shorter the mortgage term, the less you will pay in interest to the mortgage lender.

£ | |

£ | |

% | |

What? | Repayment Term (Years) | |||||||
---|---|---|---|---|---|---|---|---|

15 | 20 | 25 | 30 | |||||

Mortgage Deposit | |
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Mortgage Required | |

Property Price | |

Deposit Percentage |

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