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True cost mortgage calculator - compare deals on both rates AND fees

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Our True cost mortgage calculator allows you to really compare how different home loans stack up by checking what arrangement fees add to the overall cost over the life of a deal.

It will tell you the monthly repayments for rival mortgages and crucially let you add fees, so that you can compare the total cost over a deal period, such as a two, or five-year fixed rate mortgage.

Figures are worked out for standard repayment mortgages. For interest-only calculations use either our Mortgage affordability calculator or the Interest-only timebomb calculator.

To check the latest mortgage rates go to our best buy tables

True cost mortgage calculator

This mortgage payment calculator will allow you to see the effect of sneaky arrangement fees on your repayments. Use the second part of the calculator to compare deals.

Monthly payment

Find out monthly payments and compare the cost of mortgages over the initial deal period including arrangement fees.

Amount borrowed: £
Arrangement fee: £
Term: (years)
Interest rate: (actual interest rate & not the APR) %
Initial deal period: (years / months) yrs mth

Results

Total monthly payment: £
Total charge: £
Total repayment: £
Cost over deal period inc fee: £

Comparison calculator

Use this 2nd calculator to do a comparison with the mortgage above.

Amount borrowed: £
Arrangement fee: £
Term: (years)
Interest rate: (actual interest rate & not the APR) %
Initial deal period: (years / months) yrs mth

Results

Total monthly payment: £
Total charge: £
Total repayment: £
Cost over deal period inc fee: £

Small print explanation: The total cost for credit is based on fees being paid upfront and not added to the mortgage and the cost over deal period is based on the initial rate remaining the same over that time. The calculator is for a repayment mortgage where interest is calculated monthly. The results also apply to daily interest where only one payment is made per month.

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Earn up to £16 per month

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Credit card

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Savings account**

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Top savings rate

Peer 2 peer lending

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Invest £2,500 and get £150 cashback

Capital is at risk

For current account rewards and interest conditions may apply eg. using provider's full switching service, min deposits and direct debits. For savings, access maybe limited, min/max deposits may apply. See T&Cs.; Representative example: If you spend £1,200 at a purchase interest rate of 18.95% p.a. (variable) your representative rate will be 18.9% APR (variable). *price increases to £39.99 after 12 months, £59 set-up ** Sharia compliant account, pays an 'expected profit rate'.