Mortgage & Remortgage Calculator

GoCalculate Application

Requirements: Compatible with iPhone, iPod touch, and iPad.
Requires iPhone OS 3.0 or later

We at GoRemortgage recently released our brand new FREE iPhone application, GoCalculate, available on iTunes for download.

With the Loan and Mortgage Calculator, you can work out monthly repayment figures quickly and easily using your iPhone. Simply enter the required loan amount, mortgage term and interest rate, and let the Calculator do the rest. Thinking of remortgaging? Compare deals and find out what you would need to pay each month - on an interest-only or repayment basis.

Mortgage & Remortgage Calculator

Wondering about the costs of a mortgage, or thinking of remortgaging? Our Mortgage Calculator can help you work out the figures. Move the sliders to change the loan amount, interest rate or term.

Mortgage amount:

Remove £5000 Add £5000 £

Interest rate:

Remove 0.1% Add 0.1% %

Term:

Remove 1 year Add 1 year years

Monthly payment - Interest-only:

Monthly payment - Repayment:

*This calculation is indicative only.

To get a much more accurate quote with one of our Mortgage Officers, simply complete our thirty second form!
Quick Quote

The first figure gives your monthly interest payment only. The second gives the monthly total for an ordinary repayment mortgage.

With a repayment mortgage, the monthly total you pay includes part of the capital sum you owe - as well as the interest on the loan. In this way, your loan gradually reduces and is repaid at the end of the specified term.

Alternatively, you could consider an interest-only mortgage, linked to an endowment policy, ISA or pension plan designed to pay off your loan on maturity. In that case you would need to add the monthly premium, or contribution, to your interest payment in order to arrive at your monthly total.

These figures are intended as a guide only. We strongly recommend that you obtain exact figures before committing to any mortgage.

Remember - the Mortgage Calculator makes a good Remortgage Calculator as well. Compare your current deal with others available and calculate the potential savings.