Mortgage calculator

Purchase price of the property
Maximum percentage you can afford to buy
Deposit required (optional)

Other costs

  • You normally need at least £3,000 for legal fees (I.e. solicitors' fees, stamp duty, property survey)
  • Council tax - approximately £1,000 per annum but varies depending on value of property and borough (further details can be found on the Local Authority website)
  • Utility bills
  • Moving costs

Results

Figures are based on a mortgage rate of 6% and a 25 year repayment period. Rent charges are based on 2.75% (this is a typical East Thames property rent). Service charge is based on an average East Thames apartment, including buildings insurance. Houses do not usually have any service charge. Minimum deposit based at 15% of share value. Please note, your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.