KMD Financial Planning LLP — Mortgage Calculator
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Mortgage Tools
Mortgage Repayment Calculator
Estimate your monthly payment and see a full repayment schedule. Adjust the inputs below to model your mortgage.
Loan details
£
£
Total mortgage amount (loan + fee)
£250,000
%
yrs
Include monthly overpayment
£
#
Time saved—
Interest saved—
New mortgage length—
Monthly payment
£—
Fixed repayment (EMI)
Total repaid
£—
Over term
Total interest
£—
—% of loan
Interest only comparison
How does an interest only mortgage compare to your repayment mortgage?
Repayment
£—
per month
Capital + interest — mortgage fully paid at end of term
VS
—
monthly saving on IO
—
extra interest over term
Interest Only
£—
per month
—
⚠ With an interest only mortgage the full loan amount remains outstanding at the end of the term and must be repaid in full. A separate repayment strategy must be in place. Interest only mortgages are subject to lender criteria and are not available to all borrowers.
Balance over time
Remaining balance
Total paid to date
Repayment schedule
Important: This calculator is provided for illustrative purposes only and does not constitute financial advice. Figures are based on a capital repayment mortgage and are only accurate on the assumption that the interest rate remains the same for the entire mortgage term — in practice, rates may change at the end of any fixed or tracker period, which would alter the monthly payment and total amounts shown. Overpayment savings assume a constant monthly overpayment from the selected start month with no change to the standard monthly payment. As a mortgage is secured against your home, it could be repossessed if you do not keep up repayments. For personalised whole-of-market mortgage advice, please contact KMD Financial Planning.