Get clarity. Calculate your mortgage repayments.

You can use our mortgage repayment calculator to:

• Check how much your monthly repayments might be
• Check how interest rate or mortgage term length changes impact repayments
• Check the difference between interest-only and capital repayments

Capital and interest mortgages, or capital repayment mortgages, are where you pay off both the capital amount you’ve borrowed and the interest accrued over the mortgage term.

An interest-only mortgage is where you only pay the interest due on the amount you’ve borrowed (the capital). At the end of your mortgage term, you must repay the capital amount. You should have a plan for this before applying for an interest-only mortgage. Not all lenders allow interest-only mortgages, and those that do will have separate suitability criteria.

You’ll find your current mortgage interest rate details on your mortgage illustration and mortgage offer documentation.