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Your Step-by-Step Mortgage Planner

Calculate Loan size based on monthly repayments

Find out what value of house you could consider:

Please enter values in the boxes below:  
Ammount I can afford to pay each month (£)
Assumed interest rate

Mortgage term
Over last 10 years:
Low 4% High 14% Average 7.5%

Play safe and assume a high interest rate.
If you assume too low a rate, you could end up in difficulties. For example, a mortgage rate rise from 6% to 9% increases mortgage payments by 50%

Results  
Amount borrowed - interest only  
Deposit required, inerest only (assumes 20%)  
House Value - interest only  
Ammount borrowed - interest and capital repayment  
Deposit required, interest and capital repayment  
House value - interest and capital repayment  
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Members of the Council of Mortgage Lenders and of the Credit Bureau.Licensed by the office of fair trading.Certified by The Mortgage Code Register of Intermediaries.
Your home is at risk if you do not keep up repayments on a mortgage or other loans secured on it.

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