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What is your mortgage for?

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Interest Only Mortgage Calculator

Compare Interest Only Mortgage Rates - We compare all the leading mortgage deals available in the UK market. See the tables below for a selection of leading current deals or use our FREE interest only mortgage calculator to find deals based on your requirements.

Details sort by initial rateLenderInitial rate Rate type Overall cost for comparisonMax LTVProduct feeMonthly cost Enquire
Initial rate: 1.12%
Rate type: Fixed Oct-2019
Monthly cost: £388.16 per month
Max LTV: 60%
Product fee: £1990.00
Overall cost for comparison: 3.8% APRC
Post Office logo 1.12% Fixed Oct-2019 3.8% APRC 60% £1990.00 £388.16 per month get quotes Call direct0808 178 6813 More details
Initial rate: 1.12%
Rate type: Fixed Oct-2019
Monthly cost: £388.16 per month
Max LTV: 60%
Product fee: £1990.00
Overall cost for comparison: 3.8% APRC
Post Office logo 1.12% Fixed Oct-2019 3.8% APRC 60% £1990.00 £388.16 per month get quotes Call direct0808 178 6813 More details
Initial rate: 1.19%
Rate type: Fixed Oct-2019
Monthly cost: £389.49 per month
Max LTV: 60%
Product fee: £1220.00
Overall cost for comparison: 3.8% APRC
Post Office logo 1.19% Fixed Oct-2019 3.8% APRC 60% £1220.00 £389.49 per month get quotes Call direct0808 178 6813 More details
Initial rate: 1.19%
Rate type: Fixed Oct-2019
Monthly cost: £389.49 per month
Max LTV: 60%
Product fee: £1220.00
Overall cost for comparison: 3.8% APRC
Post Office logo 1.19% Fixed Oct-2019 3.8% APRC 60% £1220.00 £389.49 per month get quotes Call direct0808 178 6813 More details
Initial rate: 1.19%
Rate type: Fixed Nov-2019
Monthly cost: £389.49 per month
Max LTV: 60%
Product fee: £1273.00
Overall cost for comparison: 3.5% APRC
Royal Bank Of Scotland logo 1.19% Fixed Nov-2019 3.5% APRC 60% £1273.00 £350 cashback £389.49 per month get quotes Call direct0800 096 7447 More details
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Representative Example:

A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.

 

The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).

 

In this example the overall cost for comparison is 3.7% APRC representative.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

Self Employed Mortgage Calculator

Our Self Employed Mortgage Service

We can offer you a first class mortgage service: 

Special features of service if you are self employed:

  • Whole of market service - we compare UK lenders who provide mortgages for the self employed
  • Telephone based service - you are welcome to come to our offices if you prefer a face to face meeting
  • Latest Mortgage Rates - Access to leading market mortgage rates
  • Exclusive Offers - Access to mortgage deals not available on high street
  • Fast turnaround - speak to us today if you need to move quickly
  • Personal service from start to finish
  • Looking to raise additional finance on top of your existing mortgage or buy to let mortgage? - we have access to a range of finance solutions

To investigate your self-employed mortgage options call our team on 0117 313 7780 or fill in our call back form.

"The essence of the Fair Mortgages service is professional independent mortgage and protection advice brought to you by a team of specialist advisers and experienced administration support. 

As your mortgage is such an important transaction, good advice is imperative.

Right Bullets

How to use our mortgage calculator

Our online self employed mortgage calculator has been designed to be quick and easy to use.

Your property value

You will then need to fill in your chosen property’s value, and the amount you can put down as a deposit. This information is used to calculate the total amount you’ll need to borrow, and therefore the loan to value ratio (LTV). This is the percentage difference between the value of the property and the value of your deposit – so if you wanted to buy a £200,000 property and you put down a 10% deposit of £20,000, you would need a mortgage of 90% LTV to make up the difference.

You mortgage options

Once you have filled in your income and property information, you can then choose from several options to help you find the right mortgage. You can choose:

  • The type of mortgage you are looking for – choose from remortgage, home mover, first time buyer, help to buy, or buy to let.
  • The payment method you would like to use – choose from capital and interest or interest only repayment options.
  • The payment term – you can choose how long you want the mortgage to be, with options ranging from 1 to 40 years.

Points to remember when using a mortgage calculator

Our mortgage calculator can give you an indication of what kind of mortgage deals you might be able to get, but you should bear in mind that this is only an indication and does not constitute advice, or guarantee that you will be offered a mortgage on the terms shown from the selected lenders.

To compare top mortgage interest rates call our mortgage team on 0117 313 7780 or request a callback.

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Call 0117 313 7780 or Request a Callback for our Self Employed Mortgage Service

For a FREE initial conversation about your mortgage options complete our short enquiry form.

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