UK Mortgage Payment Calculator
Buying in the UK? Enter the property price, deposit, annual interest rate, and mortgage term to get an instant monthly payment estimate. The result shows the principal and interest split for your UK mortgage.
Try the interactive UK calculator
Open free UK mortgage calculator →What you need for a UK mortgage estimate
Mortgage amount after your UK deposit
Enter the asking price and the deposit you plan to put down. The calculator works out the loan you would need from your UK lender.
Interest rate you are quoted
Use the rate your lender fixed at, or a typical UK mortgage rate for the term you are considering (2-year fixed, 5-year fixed, or tracker).
Full term in years
Common UK terms run 25 or 30 years, but the calculator accepts any term from 5 to 40 years.
How to use the calculator
1. Type the UK property price in the first field. 2. Enter your deposit in the second field. 3. Add your mortgage interest rate and term. 4. Click Calculate to see your monthly payment and total cost.
Frequently asked questions
How are UK mortgages different from US loans?
UK mortgages are typically interest-only or repayment, with no U.S.-style escrow for property tax. Your payment estimate is the loan principal plus interest only.
Is this UK mortgage calculator free?
Yes. Calcora is 100% free, runs entirely in your browser, and requires no sign-up or email address.
How much deposit do I need in the UK?
Most UK lenders expect at least 5-10% for a repayment mortgage. A larger deposit usually gives you access to lower interest rates.
What is a typical UK mortgage term?
25 years is the most common term, though 30, 35, and even 40-year terms are available depending on your age and the lender.