Free Tool
Mortgage
Calculator
Calculate monthly payments, total interest, and see your full amortisation schedule. Includes overpayment modelling and CSV export.
Mortgage Details
£
£
%
25 yrs
1 yr40 yrs
4.5%
0.1%15%
£
Monthly Payment
£1,334.00
repayment
Loan Amount
£240,000
Total Interest
£160,199
Total Paid
£400,200
LTV Ratio
80%
End Date
—
Principal 60%Interest 40%
Amortisation Schedule
| Year | Payment | Interest | Principal | Balance |
|---|---|---|---|---|
| Year 1 | £16,008 | £10,691 | £5,317 | £234,683 |
| Year 2 | £16,008 | £10,447 | £5,561 | £229,122 |
| Year 3 | £16,008 | £10,192 | £5,816 | £223,306 |
| Year 4 | £16,008 | £9,924 | £6,084 | £217,222 |
| Year 5 | £16,008 | £9,645 | £6,363 | £210,859 |
| Year 6 | £16,008 | £9,353 | £6,655 | £204,203 |
| Year 7 | £16,008 | £9,047 | £6,961 | £197,242 |
| Year 8 | £16,008 | £8,727 | £7,281 | £189,961 |
| Year 9 | £16,008 | £8,392 | £7,616 | £182,346 |
| Year 10 | £16,008 | £8,043 | £7,965 | £174,380 |
| Year 11 | £16,008 | £7,677 | £8,331 | £166,049 |
| Year 12 | £16,008 | £7,294 | £8,714 | £157,335 |
| Year 13 | £16,008 | £6,894 | £9,114 | £148,221 |
| Year 14 | £16,008 | £6,475 | £9,533 | £138,688 |
| Year 15 | £16,008 | £6,037 | £9,971 | £128,717 |
| Year 16 | £16,008 | £5,579 | £10,429 | £118,287 |
| Year 17 | £16,008 | £5,100 | £10,908 | £107,379 |
| Year 18 | £16,008 | £4,599 | £11,409 | £95,970 |
| Year 19 | £16,008 | £4,075 | £11,933 | £84,037 |
| Year 20 | £16,008 | £3,526 | £12,482 | £71,555 |
| Year 21 | £16,008 | £2,953 | £13,055 | £58,500 |
| Year 22 | £16,008 | £2,353 | £13,655 | £44,845 |
| Year 23 | £16,008 | £1,726 | £14,282 | £30,563 |
| Year 24 | £16,008 | £1,070 | £14,938 | £15,625 |
| Year 25 | £16,008 | £383 | £15,625 | £0 |