Mortgage Calculator

Calculate payments, total interest, and see how overpayments save you money

Loan Details

£
£
%
£

Payment Summary

Monthly Payment
£1,267
Principal + Interest
Total Interest
£130,020
Over 25 years
Total Cost
£355,020
Loan amount + Interest
Loan Amount
£225,000
Home price minus deposit

Balance Over Time

Without Overpayments

Year-by-Year Amortization

Year Start Balance Interest Paid Principal Paid End Balance

Tip: Even small overpayments can save you thousands in interest and years off your mortgage. A £100/month overpayment on a £225,000 mortgage at 4.5% can save over £20,000 in interest.