Boring Tools UK

Mortgage calculator

Repayment mortgage estimate: monthly payment, yearly totals, total interest, and an interactive balance chart.

Inputs

The amount you borrow (not the property price).
Simple model: overpayment reduces balance immediately. Real lenders may have rules/limits.
Monthly payment
£—
Total paid
£—
Total interest
£—
Payoff time (with overpayments)

Tip: adjust rate/term to see how interest changes.

Balance

FAQ

Is this an exact quote?

No — it’s an estimate. Fees, compounding details, and lender-specific rules can change the true figures.

How is the monthly payment calculated?

Standard amortisation formula for a repayment loan using the APR as a nominal monthly rate (APR/12).

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