Simply enter
- Mortgage Amount: The loan you are taking.
- Interest Rate: The rate applicable to the mortgage product.
- Term Length: Choose between 2, 5, or any other specified period.
- The calculator will provide the total amount payable over that period, including interest, so you can compare different mortgage deals effectively.
Example Calculations
- 2-Year Fixed Mortgage
- Mortgage Amount: £150,000
- Interest Rate: 4%
- Term Length: 2 years
- Total to Pay Over 2 Years: £12,000 (interest only)