QLM Mortgage Calculator
Find out how much you could borrow
Get a quick quote for how much you could borrow, based on your financial situation. This is an estimate based on a standard income multiple.
Your estimate:
You could borrow approximately
£0.00
This means you could look at properties up to
£0.00
Calculate your mortgage payments
See how much you might pay each month and how changes in interest rates could affect your budget.
Example costs:
Monthly repayment
£0.00
Total amount repayable
£0.00
Total interest paid
£0.00
How our mortgage repayment calculator works
- Monthly repayments: We divide the mortgage amount and the total interest you’d pay by the number of months you want to repay the money over.
- Rounding of repayment amounts: We use the unrounded repayment to work out the amount of interest you’d pay over the mortgage term.
- Interest rate: We use the rate to calculate the total interest you’d pay over the mortgage term. The calculator assumes that the rate won’t change during the mortgage term.
- Timing of interest conversion: We assume interest will be charged at the same frequency as the mortgage repayments are made.
- APRC: The APRC (annual percentage rate of charge) helps you compare different mortgage offers. APRC values are accurate to one decimal place, but no decimal place is shown when the value is a whole number. For example, 3.0% will be shown as 3%.
This calculator does not constitute financial advice. It is based on a standard mortgage repayment formula dependent on the mortgage size and length and a fixed interest rate. It should be used as a guide only and does not represent the suitability, eligibility or availability of mortgage offers for users. For exact figures, users will need to approach an official mortgage lender.
Interest rates fluctuate based on the Bank of England's (or your Country's Central Bank's) base rate and market conditions
