Britse hypotheekcalculator
Schat uw maandelijkse hypotheekaflossingen voor Britse aflossings- en aflossingsvrije hypotheken.
Leningdetails
Maandelijkse betaling
£0
Totale rente
£0
Totaal betaald
£0
Afschrijvingsschema (eerste 10 jaar)
| Maand | Betaling | Voornaam | Interesse | Evenwicht |
|---|---|---|---|---|
| Voer een berekening uit om de planning te bekijken. | ||||
Volledige gebruikershandleiding
What is a UK Mortgage?
A mortgage is a secured loan used to purchase a property in the United Kingdom. The property itself serves as collateral, meaning the lender can repossess it if you fail to make repayments. UK mortgages typically run for 25-35 years, with monthly payments covering either capital plus interest (repayment) or interest only.
Loan Amount = Property Price − Deposit
The deposit you put down determines your Loan-to-Value (LTV) ratio, which significantly affects the interest rates available to you. A larger deposit means a lower LTV, which typically unlocks better rates from UK lenders. Most lenders require a minimum 5-10% deposit, though 20% or more is considered ideal.
UK Mortgage Types
Repayment Mortgage (Capital + Interest)
The most common UK mortgage type. Each monthly payment reduces both the interest owed and the original loan amount (capital). By the end of the term, the full loan is repaid. Early payments are mostly interest, but over time more goes toward capital. This is the safest option as you're guaranteed to own the property outright at the end.
Interest-Only Mortgage
You only pay the interest each month — the original loan amount remains unchanged. Monthly payments are significantly lower, but you must repay the full capital at the end of the term (usually through savings, investments, or selling the property). These are harder to obtain and carry the risk of not having enough to repay the capital.
Fixed-Rate Mortgage
Your interest rate is locked for a set period (typically 2, 3, 5, or 10 years). This gives payment certainty regardless of Bank of England base rate changes. After the fixed period ends, you'll move to the lender's Standard Variable Rate (SVR), which is usually higher. Many borrowers remortgage at this point.
Variable & Tracker Mortgages
Variable-rate mortgages follow the lender's SVR, while tracker mortgages are set at a margin above the Bank of England base rate. Both can go up or down, offering potentially lower rates but less certainty. Discount mortgages offer a set percentage below the SVR for a fixed period.
Hoe deze rekenmachine te gebruiken
- Enter the full property price (e.g., £350,000)
- Enter your deposit amount or adjust the percentage — the LTV will update automatically
- Select the mortgage term (10-35 years)
- Enter the annual interest rate from your lender or mortgage offer
- Choose between Repayment or Interest-Only mortgage type
- Click Calculate to see your estimated monthly payment, total interest, and amortization schedule
- Review the first 10 years of the amortization schedule to understand your payment breakdown
Inzicht in uw resultaten
Maandelijkse betaling
The estimated amount you'll pay each month. For repayment mortgages, this covers both capital and interest. For interest-only, it covers interest only — you'll need a separate plan to repay the capital.
Totale rente
The total amount of interest paid over the full mortgage term. On interest-only mortgages, this figure is significantly higher because the capital never reduces, so you pay interest on the full loan amount for the entire term.
Totaal betaald
The total of all payments made over the complete term. For repayment mortgages, this includes the full loan repayment plus interest. For interest-only, this is the total interest plus the capital still owed at the end.
LTV (Loan-to-Value)
The ratio of the loan amount to the property's value, expressed as a percentage. Lower LTV means you're borrowing less relative to the property's worth, which typically results in better interest rates from lenders.
Hypotheekformules
Repayment Mortgage (monthly payment):
M = P × [r(1 + r)ⁿ] / [(1 + r)ⁿ − 1]
Interest-Only Mortgage (monthly payment):
M = P × r
Waar:
- M = Maandelijkse betaling
- P = Loan Amount (Property Price − Deposit)
- r = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100)
- n = Total Payments (Term in Years × 12)
UK LTV Rate Guide
How your deposit size affects the interest rates typically available in the UK market.
| Borg | LTV | Rate Range | Availability |
|---|---|---|---|
| 5% | 95% | 5.5% – 6.5% | Limited options |
| 10% | 90% | 4.5% – 5.5% | Good selection |
| 15% | 85% | 4.0% – 5.0% | Wide range |
| 20% | 80% | 3.5% – 4.5% | Best rates available |
| 25%+ | 75% or less | 3.0% – 4.0% | Premium rates |
* Rates are indicative and vary by lender, product type, and market conditions.
Belangrijke opmerkingen
- This calculator estimates principal and interest only. Lender fees, arrangement fees, valuation costs, and solicitor fees are not included.
- Stamp Duty Land Tax (SDLT) is a separate cost not included in these calculations. First-time buyers may be exempt on properties up to £425,000.
- For interest-only mortgages, you must have a credible repayment plan. Lenders will require evidence of how you intend to repay the capital.
- Actual rates depend on your credit score, income, employment status, and the specific lender. Always get a mortgage decision in principle before making an offer.
Repayment Mortgage Advantages
Why most UK buyers choose repayment mortgages:
- You own the property outright at the end of the term
- Equity builds steadily with each payment
- No need for a separate repayment vehicle
- Lower total cost over the mortgage term
- Easier to obtain — all lenders offer repayment
- Less financial risk compared to interest-only
Interest-Only Considerations
Key risks and considerations for interest-only mortgages:
- You must repay the full capital at the end of the term
- Total interest paid is significantly higher
- Lenders require a credible repayment strategy
- Usually requires a larger deposit (25%+ LTV)
- Your home is at risk if you can't repay the capital
- Harder to obtain — fewer lenders offer this option