What would your repayments be?

It’s a solid illustration, not a quote. It uses the standard repayment-mortgage formula, so the monthly figure is mathematically correct for the amount, rate and term you enter. What it can’t do is factor in lender fees, your credit profile, the deposit you have, or whether you’d actually qualify for that rate — that’s what an adviser is for.

No. The figure shown is the mortgage repayment only. Arrangement fees, buildings insurance, life cover, stamp duty and other costs sit on top — we’ll talk you through the full picture when we meet so there are no surprises.

As an example-rate illustration: £150,000 over 25 years at 4.5% works out around £834 a month, with roughly £100,100 of interest over the full term. Your own rate and term will move that figure — try the calculator above with your numbers, then ask us what rate you’d actually be offered.

Using the same example rate: £250,000 over 25 years at 4.5% comes out around £1,390 a month, with about £166,900 of interest over the full term. It’s an illustration rather than a quote — the rate you’re offered and the term you choose will change both numbers.

It’s a genuine trade-off. Stretching the term brings the monthly payment down, which can make a tight budget workable — but you’re paying interest for longer, so the total cost over the life of the mortgage goes up. Some people start longer and shorten the term later as their income grows. We’ll help you weigh up what suits your circumstances.

If you’re not sure, try a few. The rate you put in is just an example — your real offer depends on the lender, the product, your deposit and your circumstances, so there’s no single “right” number to assume. Running a lower and a higher rate shows you the spread, and we’ll tell you what you’d actually be offered when you’re ready.

This calculator assumes a repayment (capital & interest) mortgage — each payment clears a little of the balance, so you own the home outright at the end of the term. Interest-only payments are lower but leave the full balance to repay separately. Most residential buyers are on repayment; we’ll advise on what suits you.