Simple calculator for repayment and interest only mortgages
This mortgage calculator is designed to provide you with an idea of how much you can borrow and how much your monthly repayments could be. It is free and easy to use.
What mortgage can I afford?
Simply enter a full property price, your deposit amount, estimated interest rate and how long your mortgage would last (repayment term) and this online calculator will provide an estimation of your monthly payment both for a normal and an interest only mortgage.
Use our mortgage affordability calculator to work out how much you could borrow and what kind of deposit you need for a mortgage.
- Find out how much you could qualify to borrow
- See what your monthly payments might be
- Check how an interest rate change could affect you
The results are estimates only (they are based on a repayment mortgage product and are not provided by IMC) however it is a useful tool when you are planning on applying for a mortgage.