Mortgage Calculator

Want to talk to an Independent Financial Advisor?

There are many different kinds of mortgage. And many different kinds of mortgage provider. From traditional banks and building societies to the new generation of internet and phone operators. With so much choice available, you’d do well to ask a specialist independent financial advisor. We work with specially selected independent financial advisors (IFA) to get you the best advice possible and to find the right mortgage to suit your circumstances.

Fill in the enquiry form and one of our Redrow Sales Consultants will call you back - they may be able to recommend someone.

Your Requirements
Mortgage required (£):
Repayment period (years):
Interest rate (percent):

Your Results
Repayment mortgage (£):¹
000
Interest only mortgage (£):
000
mortgage rates can go up as well as down
At 5% a repayment mortgage will cost (£):¹
000
At 5% an interest only mortgage will cost (£):
000

Speak to an Independent Financial Advisor

To find out more about the mortgage you need for a particular development speak to an Independent Financial Advisor

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Notes:

The above figures assume an annual reset type mortgage which recalculates mortgage payments once a year. As such they may slightly overstate the monthly payments for more flexible mortgages, offering monthly or even daily recalculation of payments.
A repayment mortgage is one where mortgage payments cover both the interest costs and repayment of the original loan, so that the mortgage anount decreases over time. An interest only mortgage is one where mortgage payments only cover interest costs. With interest only loans, the mortgage amount does not automatically decrease over time. Frequently, borrrowers will set up an ISA, endowment or some other investment product (at additional cost), designed to repay the loan at the end of its term.

Mortgage Calculator