Mortgage rates are not expected to fall further this year, but rising wages are likely to improve affordability for buyers as house prices stay flat.
Mortgage calculator
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The calculator results above are not provided by Halifax and are only indicative based on a repayment mortgage product. The interest rate has been assumed to stay the same for the selected mortgage term. Repayments will be subject to the product provided and your circumstances. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Calculate your mortgage payments with ease
Welcome to our mortgage calculator, a powerful tool that can help you estimate your monthly payments with ease. Whether you're a first-time buyer or looking to refinance your existing mortgage, our mortgage calculator can provide you with valuable insights into your potential monthly payments, helping you to plan your home financing.
How a mortgage calculator can help
Save time and money
Estimate your monthly payments accurately, allowing you to plan your budget effectively and avoid taking on a mortgage that is beyond your means.
Make informed decisions
Compare different loan options by adjusting variables such as loan amount, interest rate and loan term, helping you make informed decisions about which loan option best fits your financial situation.
Gain financial confidence
By understanding how different factors impact your monthly payments, you can ensure that you're choosing a mortgage that fits in with your financial goals.
See what local experts think your home is worth
If you're getting ready to sell or just super curious, we recommend getting a free, in-person valuation from a local estate agent.
Want to know more about mortgages?
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