Mortgage repayment term calculator UK
Find the repayment time implied by a loan, fixed rate and monthly payment. Check the formula, worked example and limits before using your own figures.
Enter your figures
Estimated repayment time
Inputs changed. Select Calculate result to update your estimate.
Use your actual figures. Any prefilled price, fee, rate or return is an editable illustration, not a current product quote. No fees or rate changes. A payment that cannot cover interest is rejected.
How the mortgage repayment term calculator uk works
Simulate monthly interest and payments until the balance clears.
Data basis: mathematical formula using your inputs. Example prices and rates are illustrative, not current market quotes.
Read about data coverage and updates
Worked example: mortgage repayment term
This illustration uses the calculator’s example inputs. It is not a quote or a recommended financial decision.
- Mortgage balance (£)
- 200,000
- Nominal annual interest (%)
- 4.5
- Monthly payment (£)
- 1,200
Estimated repayment time: 263 months
Simulate monthly interest and payments until the balance clears.
Mortgage repayment term: questions answered
What does the mortgage repayment term calculation include?
Simulate monthly interest and payments until the balance clears. Use your actual figures. Any prefilled price, fee, rate or return is an editable illustration, not a current product quote. No fees or rate changes. A payment that cannot cover interest is rejected.
Using your result
Example inputs are a starting point. Replace them with your figures and select Calculate result. Results are rounded for display; calculations use unrounded values.
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