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Mortgage calculators and tools
Use our mortgage calculators and tools to understand how much you may be able to borrow. Learn what your monthly mortgage repayments could be and if you could save by making overpayments.
You could lose your home if you don’t keep up your mortgage repayments
Mortgage Calculator FAQs
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We have several mortgage calculators that all do different things. If you have a UK mortgage, they can help you get an idea of how much your monthly repayments might be. They can also help you work out how much you might be able to borrow, and more.
- Use our mortgage calculator to work out how much you might be able to borrow from a lender.
- Use our interest rate calculator to estimate how much your monthly payments might be.
- Use our overpayment calculator to work out if overpaying could lower the interest on your monthly repayments.
- Use our remortgage calculator to work out how much you may be able to save with a mortgage from Lloyds Bank.
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How much you could borrow will depend on your circumstances. A lender will look at factors before deciding whether to offer you a mortgage. They’ll want to be sure you can pay back anything you do borrow in the future.
A lender will consider:
- your income
- your total deposit
- your monthly bills
- current debt
- current loan or other mortgage repayments
- your credit rating.
Use our mortgage calculator to work out how much you might be able to borrow
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Your lender will look at lots of factors before offering a mortgage. They’ll want to be sure you can pay back any money you borrow.
You’ll need to give a lender:
- proof of ID, such as a passport or driving licence
- personal bank details
- employment and income history
- details on any debts you have
- how much you spend on bills.
To use our first time buyer calculator, you’ll just need some basic personal information. This includes the household income and outgoings of those buying the house.
To use our other mortgage calculators, you’ll need some details of your current mortgage. Depending on the calculator, this can include how much the property is worth, how much you have left to pay and the length of the term.
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Mortgage interest rates are an extra charge you’ll pay when taking out a mortgage. Higher interest rates mean you’ll pay more over the term of your mortgage. How much interest you’ll have to pay each month will depend on the deal you get.
- Fixed-rate mortgages. A fixed-rate mortgage means your interest rate will stay the same for the term of the deal.
- Variable-rate mortgage. A variable-rate mortgage can change month to month, so you won’t always pay the same amount.
You can use our mortgage interest rate calculator to work out how much interest you might pay.
Other calculators and tools
We have other calculators and tools to help you. Try our Eco Home Tool for tips and suggestions on how to make your home more sustainable. Or use our conveyancing service to get quotes for your legal costs.