Homeowner Loan Calculator: Monthly Repayment Estimates 2026
Get a homeowner loan with a market leading 5.5% broker fee.
Homeowner Loans Calculator
Monthly Costs
USING THE CALCULATOR
To help you to work out your likely monthly repayments, we have built our secured loan calculator.
The calculator will give you your monthly repayments, based on the amount borrowed, the term of the loan and the interest rate.
If lender arrangement fees and/or broker fees are to be added to the loan then an amount to cover these should be included in the loan amount section to get a more accurate guide.
How to use our calculator:-
- Enter your loan amount
- Input the interest rate (either a whole number, or with decimal places).
- Enter the term of the required homeowner loan in years.
- Press ‘calculate’ and the calculator will show you your monthly payment.
How Interest Rates Impact Your Monthly Payments
Higher interest rates will increase your monthly payments, while lower rates will reduce them.
That said, interest rates aren’t the whole picture. Extending the loan term is an excellent way to reduce your monthly payments, albeit at the cost of higher total cost of borrowing over the full loan term.
Calculating the Total Cost of Credit (APRC)
The total cost of credit, also known as the APRC is the total amount that you would repay if you kept the loan for the full term.
It includes the cost of all interest and fees, and where fees are added to the loan, the cost of interest on those fees.
This is why it’s so important to limit the amount of fees you pay when taking out a homeowner loan, as any fees added to the loan will attract interest.
That’s why we charge a low, 5.5% broker fee for arranging a homeowner loan, far below the 12.5% charged by many brokers. This can save our clients an average £2,880 in fees – which is often over £8,000 in APRC should it be added to the loan!
