This calculator helps you work out:
- The repayments before and after the interest-only period
- The total cost of an interest-only mortgage
- How much more you will pay with an interest-only mortgage compared to a principal and interest loan
Interested to see how much you can borrow? This calculator is the one for you. This can be used in conjunction with our other calculators for you to have a rough idea of what you can borrow. Please note, this calculator is highly indicative as every lender has a different lending criteria. It is important that you speak with us prior to relying on this calculator.