See your monthly repayment, total interest paid, and how your balance reduces over the term — using current average UK mortgage rates as a starting point.
Enter your loan amount and term. Use a current rate above or your own quote. Choose "Interest only" only if your lender has confirmed this is your repayment type — most residential mortgages are capital & interest.
Current average UK rates — 19 June 2026
2yr fixed
5.68%
5yr fixed
5.63%
SVR
7.13%
Tap a rate to use it below, or enter your own. Bank of England base rate: 3.75%.
£
%
yrs
Monthly repayment
£1,540
Total interest paid
£212,000
Total amount repaid
£462,000
Monthly interest rate0.469%
5.63% ÷ 12 = 0.469%
Lenders charge interest monthly, so the annual rate is split into twelve equal parts.
Number of payments300
25 years × 12 = 300
Your repayments are spread evenly across every month of the mortgage term.
Monthly repayment£1,540
This is the fixed amount that pays off the interest plus a portion of what you borrowed, every month, so the balance reaches zero by the end of the term.
Balance remaining at the end of each year
Reference rates are UK averages and update periodically — they are not a personalised quote. Estimates only; actual mortgage offers depend on lender criteria, fees, and product type. Always speak to a mortgage adviser before proceeding.
Want to understand the maths?
Read our full guide to mortgage repayments — how they're calculated, what affects your rate, and answers to the most common questions.