For those that don't already know, I created an online mortgage payments calculator a few years ago and it remains one of the most popular pages on my website.
If you are planning on getting a mortgage or re-mortgaging, this tool can help you find out how much your monthly repayments will be. It will also break down your payment schedule into months and tell you how much of the monthly payment is interest and how much is repayment of the capital.
Finally, you can alter the interest rate, length of the loan and monthly payment to compare different mortgage deals and see how many years you can take off your mortgage by making overpayments.
Try out my monthly mortgage calculator.
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