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How much can I borrow?
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What will happen if rates change?
How much interest will I earn?
How much life cover do I need?
How long do I need to save?
Offset v Savings
What is my BMI?
I have an early repayment charge, should I switch?
How much rent should I charge?


SEE HOW MUCH YOU CAN BORROW ON A MORTGAGE

Applicant 1’s income
£
We've calculated this from our average customer
Error message
Applicant 2’s income
£
We've left this blank, but add in your partners income if relevant
Error message

Enter the values above to calculate how much you can borrow

Your results
You could borrow up to:
Up to £X
Close

ABOUT YOUR BORROWING ABILITY

Calculating exactly how much you can borrow depends on a number of things, such
as:

 * How much you spend each month on regular commitments
 * Whether you're paid a basic salary, a basic salary plus bonus, commission or
   overtimeIf you're self employed
 * The amount of deposit you have
 * Your age and whether you are looking to borrow beyond your retirement date

One of the most important factors in determining how much you can borrow is the
lender. Each lender has different criteria and as brokers who, last year
successfully placed mortgages with 59 different lenders, we are perfectly placed
to match the right lender to your borrowing requirements.

WHAT IF I NEED TO BORROW MORE?

Sometimes it can be possible to borrow more than the calculator on our website
shows you and that's where our expertise comes in. We are sometimes able to
arrange higher borrowing by taking your own individual circumstances into
account.

* All potential borrowing is subject to affordability checks and credit status

Calculate
Next see the deals you qualify for



WHAT WILL MY MONTHLY MORTGAGE REPAYMENTS BE?

How much do you want to borrow?
£
This value has been customised for you
Error message
Over how many years?
yrs
Loans are typically over 25 years, so we've defaulted to that for you
Error message
Interest rate
%
This value has been customised for you
Error message
Payment type
RepaymentInterest Only
Error message

Enter the values above to calculate how much your mortgage will cost

Your results
Your monthly payment will be:
£X
Close

ABOUT YOUR BORROWING ABILITY

Calculating exactly how much you can borrow depends on a number of things, such
as:

 * How much you spend each month on regular commitments
 * Whether you're paid a basic salary, a basic salary plus bonus, commission or
   overtimeIf you're self employed
 * The amount of deposit you have
 * Your age and whether you are looking to borrow beyond your retirement date

One of the most important factors in determining how much you can borrow is the
lender. Each lender has different criteria and as brokers who, last year
successfully placed mortgages with 59 different lenders, we are perfectly placed
to match the right lender to your borrowing requirements.

WHAT IF I NEED TO BORROW MORE?

Sometimes it can be possible to borrow more than the calculator on our website
shows you and that's where our expertise comes in. We are sometimes able to
arrange higher borrowing by taking your own individual circumstances into
account.

* All potential borrowing is subject to affordability checks and credit status

Assuming interest rates stay the same
The total amount you will pay over the term is:

£X
Close

ABOUT YOUR BORROWING ABILITY

Calculating exactly how much you can borrow depends on a number of things, such
as:

 * How much you spend each month on regular commitments
 * Whether you're paid a basic salary, a basic salary plus bonus, commission or
   overtimeIf you're self employed
 * The amount of deposit you have
 * Your age and whether you are looking to borrow beyond your retirement date

One of the most important factors in determining how much you can borrow is the
lender. Each lender has different criteria and as brokers who, last year
successfully placed mortgages with 59 different lenders, we are perfectly placed
to match the right lender to your borrowing requirements.

WHAT IF I NEED TO BORROW MORE?

Sometimes it can be possible to borrow more than the calculator on our website
shows you and that's where our expertise comes in. We are sometimes able to
arrange higher borrowing by taking your own individual circumstances into
account.

* All potential borrowing is subject to affordability checks and credit status

Made up of £X capital and £X interest.


Calculate
Next see the deals you qualify for



CALCULATE THE COST OF DOING NOTHING

If you're one of the many borrowers currently on or about to slip onto a
lender's standard variable rate (SVR), it could cost you thousands. Fill in some
basic details below and we'll show you what the cost could be.
Property value
£
We've calculated this from our average customer
Error message
How much do you want to borrow?
£
This value has been customised for you
Error message
Remaining mortgage term
yrs
Loans are typically over 25 years, so we've defaulted to that for you
Error message
Loan type
RepaymentInterest Only
Error message
Current rate
Rate
%
Error message
Fees
£
Error message
Scheme type
FixedVariable
Error message
Remaining scheme length
months
Error message
Follow on rate
%
Error message
Do you have a repayment charge?
No
Yes
Error message
ERC amount
£
Error message
Remaining ERC Term
months
Error message
Add to loan?
YesNo
Error message
Compare rate
Rate
%
Error message
Fees
£
Error message
Scheme type
FixedVariable
Error message
Remaining scheme length
months
Error message
Follow on rate
%
Error message
Compare over
months
Error message
Where interest rates are going to
Stay steadyRise slowlyRise sharplyRise then fall
Error message

Enter the values above to calculate how much you can borrow

Your results
Over 24 months your current rate will cost:
£X
The comparison rate will cost:
£X

Calculate
Next see the deals you qualify for



HOW MUCH CAN I BORROW ON A BUY TO LET MORTGAGE?

How much rent do you get or expect to get?
£
Per month/per property - We've calculated this from our average customer
Error message

Enter the values above to calculate how much you can borrow

Your results
You could borrow up to:
Up to £X
Close

ABOUT YOUR BORROWING ABILITY

Calculating exactly how much you can borrow depends on a number of things, such
as:

 * How much you spend each month on regular commitments
 * Whether you're paid a basic salary, a basic salary plus bonus, commission or
   overtimeIf you're self employed
 * The amount of deposit you have
 * Your age and whether you are looking to borrow beyond your retirement date

One of the most important factors in determining how much you can borrow is the
lender. Each lender has different criteria and as brokers who, last year
successfully placed mortgages with 59 different lenders, we are perfectly placed
to match the right lender to your borrowing requirements.

WHAT IF I NEED TO BORROW MORE?

Sometimes it can be possible to borrow more than the calculator on our website
shows you and that's where our expertise comes in. We are sometimes able to
arrange higher borrowing by taking your own individual circumstances into
account.

* All potential borrowing is subject to affordability checks and credit status

Calculate
Next see the deals you qualify for



HOW MUCH IS MY HOUSE WORTH?

Number

Error message
Flat Number

Error message
Building Name

Error message
Street

Error message
Postcode

Error message

Enter the values above to calculate how much your property is worth

Your results
Property value:
£X
An upper value of £X and a lower value of £X is likely.
Calculate
Next see the deals you qualify for



LOAN TO VALUE RATIO CALCULATOR

Property value
£
We've calculated this from our average customer
Error message
I know my
Deposit amountLoan amountLTV
Error message
Deposit amount
£
This value has been customised for you
Error message
Loan amount
£
This value has been customised for you
Error message
LTV
%
This value has been customised for you
Error message

Enter the values above to calculate your LTV

Your results
Your LTV:
X%
Loan amount:

£X
Deposit amount:

£X
Calculate
Next see the deals you qualify for



STAMP DUTY CALCULATOR

What is the purchase price?
£
We've calculated this from our average customer
Error message
Property location
England and N.I.ScotlandWales
We've calculated this from our average customer
Error message
Are you a first time buyer?
NoYes
Error message
Is this an additional property, such as a rental property or second home?
NoYes
Error message

Enter the values above to calculate how much you can borrow

Your results
Total stamp duty will be:
£X
The table below shows .you how this is broken down.
Range
Cost
You pay X% up to £X
£X
Total
£X
Calculate
Next see the deals you qualify for



HOW MUCH WOULD MAKING OVERPAYMENTS SAVE ME ON MY MORTGAGE?

Loan amount
£
This value has been customised for you
Error message
Interest rate
%
This value has been customised for you
Error message
Remaining mortgage term
yrs
Loans are typically over 25 years, so we've defaulted to that for you
Error message
Loan type
RepaymentInterest Only
Error message
One off payments
Amount
£
Error message
When

Error message
Add another payment
Regular overpayments
Amount
£
Error message
Frequency
Every monthQuarterTwice yearlyAnnually
Error message

Enter the values above to calculate how much you can borrow

Your results
By making the overpayments above you would:
Pay £X less in interest
By making the overpayments above you would:
Reduce your mortgage term by X
Calculate
Next see the deals you qualify for



WHAT WILL HAPPEN IF INTEREST RATES RISE OR FALL?

Loan amount
£
This value has been customised for you
Error message
Loan type
RepaymentInterest Only
Error message
Term
yrs
Loans are typically over 25 years, so we've defaulted to that for you
Error message
Current rate
%
This value has been customised for you
Error message
Change
%
We've defaulted to a value we think is realistic
Error message

Enter the values above to calculate how much you can borrow

Your results
Current Payment:

£X
New Payment:
£X
Calculate
Next see the deals you qualify for



HOW MUCH INTEREST WILL I EARN?

Savings amount
£
Error message
Interest rate
%
Error message
Tax status
Basic rateHigher rateAdditional rate
Error message

Enter the values above to see how much interest you will earn

Your results
Monthly Interest:
£X
£0 before tax. Not all accounts provide monthly interest.

Tax Rate:
X%
Calculate
Next see the deals you qualify for



OUR LIFE INSURANCE COST CALCULATOR

Find out how much over you need with our life insurance calculator.
About your family
Do you have a spouse/partner?
NoYes
Error message
Child's age
yrs
Error message
Add another child
Will your children go to university
NoYes
Error message
About your liabilities
Outstanding mortgage
£
This value has been customised for you
Error message
Monthly rent
£
Error message
Total personal loans
£
Error message
Total credit card balance
£
Error message
About your income and assets
Your annual income
£
We’ve calculated this from our average customer
Error message
Total savings
£
Error message
Existing life insurance policies
£
Error message
Other assets e.g car, jewellery
£
Error message

Enter the values above to see calculate how much life cover you require.

Your results
£X
The cover required to replace your income.
We’ve based this on 4 times your gross income, although the amount needed will
depend on your circumstances.
£X
The cover required for supporting your children until they are 18.
The annual cost of supporting a child is £9760, according to the LV Cost of a
Child report Jan 2015.
£X
The cover required for supporting your children through university.
The annual cost of supporting a child is £13345, according to the LV Cost of a
Child report Jan 2015.
£X
The cover required for paying your rent or mortgage
The amount needed to repay your mortgage or to cover 4 years of rent payments
based on the figures you entered.
£X
The cover required for covering your loans and credit cards.
The amount needed to repay your mortgage or to cover 4 years of rent payments
based on the figures you entered.
£X
Take off your current assets.
We’ve deducted the amount of life cover, savings and assets you have currently.
£X
The minimum level of life insurance we think you should have.
We’ve deducted the amount of life cover, savings and assets you have currently.
Calculate
Next see the deals you qualify for



HOW MUCH COULD I SAVE?

Target amount
£
Error message
Initial savings
£
Error message
Estimated growth
%
Error message
How would you like to calculate?
Monthly investment
Terms (years)
Error message
Monthly investment
£
Error message
Terms
yrs
Error message

Enter the values above to calculate how much you need to save


Your results
The amount you would need to save per month:

£X
To reach your required amount it will take you:

X


Calculate
Next see the deals you qualify for



WOULD AN OFFSET MORTGAGE WORK FOR ME?

Loan amount
£
This value has been customised for you
Error message
Interest rate
%
This value has been customised for you
Error message
Remaining mortgage term
yrs
Loans are typically over 25 years, so we've defaulted to that for you
Error message
Fees
£
Enter any set up fees
Error message
Your savings
Savings amount
£
Error message
Interest rate
%
Error message
Monthly savings
£
Error message
Tax status
Basic rateHigher rateAdditional rate
Error message
The offset mortgage
Interest rate
%
Error message
Fees
£
Enter any set up fees
Error message
Compare over
yrs
Example message to come from the form
Error message

Enter the values above to see how much your mortgage will cost.

Your results
Standard mortgage
On a standard mortgage, your monthly payment would be £X and you would pay £X in
interest over the comparison term. You would also earn £X interest on your
savings. The annual net interest cost is show in red of the graph.
Offset mortgage
On a offset mortgage, your monthly payment would be £X and you would pay £X in
interest over the comparison term. The annual net interest cost is show in white
of the graph.
Calculate
Next see the deals you qualify for



BODY MASS INDEX

Your height
cm
We've calculated this from our average customer
Error message
Your weight
kg
We've calculated this from our average customer
Error message

Enter the values above to calculate your BMI

Your results
Your BMI is X
Calculate
Next see the deals you qualify for



COMPARE TWO MORTGAGE RATES

Basic details
Property value
£
We've calculated this from our average customer
Error message
How much do you want to borrow?
£
This value has been customised for you
Error message
Remaining mortgage term
yrs
Loans are typically over 25 years, so we've defaulted to that for you
Error message
Loan type
RepaymentInterest Only
Error message
Current rate
Rate
%
Error message
Fees
£
Error message
Scheme type
FixedVariable
Error message
Remaining scheme length
months
Error message
Follow on rate
%
Error message
Do you have a repayment charge?
No
Yes
Error message
ERC amount
£
Error message
Remaining ERC Term
months
Error message
Add to loan?
YesNo
Error message
Compare rate
Rate
%
Error message
Fees
£
Error message
Scheme type
FixedVariable
Error message
Remaining scheme length
months
Error message
Follow on rate
%
Error message
Compare over
months
Error message
Where interest rates are going to
Stay steadyRise slowlyRise sharplyRise then fall
Error message

Enter the values above to calculate how much you can borrow

Your results
Over 24 months your current rate will cost:
£X
The comparison rate will cost:
£X

Calculate
Next see the deals you qualify for



WHAT’S THE LIKELY RENTAL INCOME?

Number

Error message
Flat Number

Error message
Building Name

Error message
Street

Error message
Postcode

Error message

Enter the values above to calculate how much rent to charge

Your results
Rental value:
£X
An upper value of £X and a lower value of £X is likely.
Calculate
Next see the deals you qualify for

Expert. Honest. Free.



LATEST MORTGAGE NEWS


View all mortgage news




COULD 99% MORTGAGES BE ON THE CARDS?



The Government is reportedly considering introducing 99% mortgages to help boost
the number of first-time buyers getting onto the property ladder.



February 15, 2024

Tag

Read more



WHAT ARE THE PROS AND CONS OF BUYING A PROPERTY JOINTLY?



Nearly two-thirds of first time buyer mortgages (63%) are taken out in joint
names according to Halifax.



February 13, 2024

Tag

Read more



L&C CELEBRATES DOUBLE WIN AT THE BRITISH MORTGAGE AWARDS



L&C scooped two awards at the prestigious 2018 British Mortgage Awards held last
week in London.



July 9, 2018

Tag

Read more



WHAT IS STAMP DUTY? A FACTSHEET



Stamp Duty Land Tax is a tax which must be paid when you purchase a property in
England or Northern Ireland that is above a certain value.



November 3, 2020

Tag

Read more

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Stay connected


Think carefully before securing other debts against your home. Your home or
property may be repossessed if you do not keep up repayments on your mortgage.



Representative example A mortgage of £218,181 payable over 24 years, initially
on a fixed rate until 31/07/26 at 4.71% and then on a variable rate of 6.99% for
the remaining 22 years would require 27 payments of £1,266.09 followed by 261
payments of £1,541.62. The total amount payable would be £437,546 made up of the
loan amount plus interest (£218,366) and fees (£999). The overall cost for
comparison is 6.7% APRC representative.



London & Country Mortgages Ltd, Unit 26 (2.06), Newark Works, 2 Foundry Lane,
Bath, BA2 3GZ is a company limited by shares. Our Companies House number is
1988608. We are also authorised and regulated by the Financial Conduct
Authority. Our FCA number is 143002. The FCA does not regulate most Buy to Let
mortgages.


About L&C

 * About us
 * Our people
 * Awards
 * Reviews
 * News & insights
 * Contact us

Mortgages

 * Remortgage deals
 * First time buyer deals
 * Buying a home deals
 * Buy to let deals
 * View all mortgages
   

Mortgages Guides

 * How to get a mortgage
 * The cost of buying a home
 * How do I remortgage my home?
 * Mortgage types explained
 * View all guides
   

Mortgage Calculators

 * How much can I borrow?
 * How much will it cost?
 * How much will it cost to stay on your current mortgage?
 * How much stamp duty will I pay
 * View all calculators
   

Remortgage deals
First time buyer deals
Moving home deals
Buy to let deals

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personalisation. They may be set by us or by third party providers whose
services we have added to our pages. If you do not allow these cookies then some
or all of these services may not function properly.

MARKETING COOKIES

Marketing Cookies

These cookies may be set through our site by our advertising partners. They may
be used by those companies to build a profile of your interests and show you
relevant adverts on other sites. They are based on uniquely identifying your
browser and internet device. These cookies help make sure the adverts you see on
your screen are relevant and useful to you.

Some of our marketing cookies are placed on your hard disk by our websites, and
others are placed by third parties, including advertisers. For example, we use
call tracks to find out where on our site calls were made from.

We use Third Party cookies to manage the content and advertising shown on
devices that you might use or that may relate to the same household more
relevant and useful. These third parties may also provide insight reporting as
part of their service. As part of this process they use cookies and may receive
information about the kind of device you use as well as your IP address,
location data, device user agent string or information about websites where your
device has previously displayed advertising. By accepting marketing cookies, you
consent to the processing of data about you by these third parties for the above
purpose and for the profiling of audiences bearing similarities to your data.

ESSENTIAL COOKIES

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These cookies are necessary for the website to function and cannot be switched
off in our systems. They are usually only set in response to actions made by you
which amount to a request for services, such as setting your privacy
preferences, logging in or filling in forms. You can set your browser to block
or alert you about these cookies, but some parts of the site will not then work.
These cookies do not store any personally identifiable information.

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