The challenging times we’re all experiencing means we’re getting a lot more calls than usual and our call times are longer. So we can support people in the most vulnerable situations, we ask that you only call us if your enquiry is urgent. You can still use our online and mobile banking services and our automated service.

 

Mortgage interest rate change calculator

The rate change calculator below will give you an indication of how much your monthly mortgage payments could change.

Fixed Rate Mortgage Customers

If your mortgage is on a fixed rate, your regular monthly payment will not be affected by a change in the Bank of England Base Rate during the fixed rate period.

Variable Rate Mortgage Customers

If your mortgage is on a variable rate, your regular monthly payment could be affected by a change in the Bank of England Base Rate. For more information about this, have a look at our Bank of England Base Rate page.

Where can I find my mortgage details?

You can find your mortgage details in your most recent annual mortgage statement or from Internet Banking. If you’re not registered for Internet Banking yet, it’s easy and only takes about 5 minutes. Find out how to register.

I have more than one sub account, how do I use the calculator?

If your mortgage is made up of more than one sub account and some of these sub accounts are on variable rates, you will need to do a separate calculation for each sub account. To calculate the total change to your monthly payment, add each sub account calculation together.

You can find out if you have sub accounts on your most recent annual mortgage statement.

If a rate change takes place and it affects your mortgage, we will send you a letter confirming your new monthly mortgage payment before it is taken.


Rate change calculator

 

What are my next steps?

  • Find out more about how the Bank of England base rate affects your mortgage.
  • If you are considering switching, we can help you find a new deal.
  • Contact us if you’re concerned about paying your mortgage.
  • Use our budgeting tool to plan for the future.

You could lose your home if you don’t keep up your mortgage repayments

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

Telephone calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help us improve our quality of service.