The above calculator is designed for guidance only and advice relating to any of these areas should be sought from your Financial Adviser.
It is only designed to provide an example comparison between a repayment mortgage and an interest-only mortgage where you would need to set up a separate investment vehicle in order to repay the mortgage at the end of the term.
This calculator provides an example of the repayments you might expect to make on a repayment mortgage and the payments you would expect to make into an investment repayment vehicle using the details you have input above. The payment amounts are based entirely on the given interest rate and do not include the charges that would be included with any mortgage or investment product.
The mortgage repayments and investment payments shown are not based on an actual mortgage or investment product, therefore the payments are not guaranteed and will differ between mortgage/investment products and lenders/providers.
Your home may be repossessed if you do not keep up repayments on your mortgage.
For details of our fees for mortgage business please see our page "How we are Paid".
The Financial Services Authority does not regulate some forms of mortgage.
Last updated on
April 20, 2007
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