Mortgage Calculator
Use our mortgage calculator to estimate possible monthly repayments.
Enter the mortgage amount, interest rate and term. The result can help you understand what borrowing may cost each month.
A calculator gives a useful starting point. It does not replace advice based on your full circumstances.
How to use the mortgage calculator
- Add the mortgage amount you want to check.
- Enter the interest rate you want to test.
- Choose the mortgage term.
- Review the estimated monthly payment.
- Contact us if you need help understanding the result.
Buy-to-Let Rental Cover Calculator
Check whether the rent covers the mortgage. Typical values are pre-filled — just adjust what you know.
Typical current rate — edit if you know yours.
Typical current figure — edit if you know yours.
This calculator is a guide only, based on standard rental cover methodology (rent ÷ (rate × ICR)). It does not represent any specific lender's criteria, product or a mortgage offer, and actual requirements vary by lender. Please speak to one of our advisers for personalised advice.
What the result can show
The calculator can help you compare different borrowing amounts, rates and terms. A longer term may reduce monthly payments. However, it can increase the total interest paid.
A shorter term may increase monthly payments. However, it can reduce the total interest paid.
The right route is not only about the lowest monthly figure. It is about whether the payment remains suitable over time.
Speak to Connect Lifetime Mortgages
The right question is not only “Can I borrow?”
It is also “Can I repay on time, and at what cost?”
If you want to discuss the figures, contact Connect Lifetime Mortgages.
Your home may be repossessed if you do not keep up repayments on your mortgage or loans secured on it.