MortgageConnector
Understand your mortgage before you apply.
Free UK calculators, published house-price context, and an introduction to an FCA-authorised broker when you want one.
Photograph by Malcolm Neal, Geograph, CC BY-SA 2.0.
A £250,000 mortgage, worked out now
The 4.5% starting figure is an example you can change. It is not a live product, a market average, or the rate a lender would offer.
£1,389.58
a month on a repayment basis, before fees
- Interest-only
- £937.50
- Total interest
- £166,874
- Total paid
- £416,874
- At 5.50%
- £1,535.22
| Term | Monthly | +1 point | +2 points | Total interest |
|---|---|---|---|---|
| 15 years | £1,912.48 | £2,042.71 | £2,177.77 | £94,247 |
| 20 years | £1,581.62 | £1,719.72 | £1,863.93 | £129,590 |
| 25 years | £1,389.58 | £1,535.22 | £1,688.02 | £166,874 |
| 30 years | £1,266.71 | £1,419.47 | £1,580.17 | £206,017 |
| 35 years | £1,183.14 | £1,342.54 | £1,510.39 | £246,920 |
| 40 years | £1,123.91 | £1,289.43 | £1,463.64 | £289,475 |
A longer term usually lowers the monthly payment and raises total interest if the rate stays the same. Lender maximum age and term rules vary.
| LTV | Property price | Deposit |
|---|---|---|
| 95% | £263,158 | £13,158 |
| 90% | £277,778 | £27,778 |
| 85% | £294,118 | £44,118 |
| 75% | £333,333 | £83,333 |
| 60% | £416,667 | £166,667 |
Choose the job
- Buy a first homeDeposit, tax and the documents to gather.
- RemortgageProduct transfer questions and a savings illustration.
- Buy to letRent, interest cover and ownership.
- Self-employed incomeAccounts, tax calculations and contract evidence.
- Credit historyWhat to collect before anyone talks about eligibility.
- Company directorsSalary, dividends and retained profit.
- See where you standAn on-screen illustration. Email is optional and separate from a broker introduction.
- Weekly briefingInformation only. Joining is not consent for a broker to call.
Bank of England Bank Rate
3.75%
In force since 18 December 2025. Series observed 1 October 2026. Retrieved 2 October 2026.
Bank Rate is not a mortgage rate. Lenders price products from loan-to-value, fees and the applicant. The calculators on this site start from a rate you type.
Bank Rate history · UK house prices · How mortgage pricing works
Ask for an introduction.
One matched FCA-authorised broker. No branch network, and no recommendation of a mortgage.
Find a brokerMortgageConnector is a mortgage broker introducer and information service. We do not provide regulated mortgage advice. Where appropriate, we can introduce you to an FCA-authorised mortgage broker who can assess your circumstances and provide advice.
The matching service is free for you. Partner brokers pay MortgageConnector for introductions. If you ask for an introduction, the details you submit are shared with the selected partner. The broker is responsible for regulated advice. Check the firm on the FCA Register.
Your home may be repossessed if you do not keep up repayments on your mortgage.