Property Sisters - Dedicated and Professional Family Run Business Based in Mill Hill

Property Sisters Mortgage Calculator

The following formula is used to calculate the fixed monthly payment required to fully amortised a loan of your inputted pound amount over a term of months at a specified monthly interest rate.

You can edit any of the fields on the left side of the calculator to produce an accurate quote for your mortgage payment.

Loan Information

Financial Analysis

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Receive a free no-obligation quote on your property today

How to properly use the mortgage calculator

Calculating mortgage payments used to be very complex – but we made it easy! Test out different scenarios for rates, time periods, loan amounts and more to help you decide what mortgage is best suited for you.

The numbers you will need

There are a few factors that go into estimating how much your regular mortgage payments will be. These 3 numbers are particularly important:

1. Sale Price: This number is the total price of your new home.

2. Term: This is the life or the amortization period of your mortgage (the number of years your mortgage payments will go on for).

3. Interest rate: This is the rate of interest you will be paying on your mortgage.

What Property is in Your Budget?

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