Repayment calculator

Estimate a business mortgage repayment

Enter the price, deposit, term and an assumed rate to illustrate a monthly capital and interest payment on your own premises. Illustration only, not a quote.

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The deposit is taken off the price to give the amount borrowed. That amount is spread over the term at the rate you assume, on a capital and interest basis. Change the assumptions to match your quote.

Your illustration
Indicative monthly payment
£4,193
Amount borrowed£562,500
Deposit£187,500
Number of payments240
Total payable over term£1,006,320
Total interest over term£443,820

This is an illustration on your assumptions, not a quote. Your real rate and term depend on your accounts, the loan to value and the premises.

FAQ

Calculator FAQs

How does the business mortgage calculator work?

It takes the purchase price and your deposit to find the amount borrowed, then spreads that over the term you choose at the annual rate you assume, on a capital and interest basis, to illustrate a monthly payment. It is a guide to help you plan, not a quote.

Is this a formal quote?

No. The figures are an illustration based on the assumptions you enter. Your actual rate and term depend on your accounts, the loan to value and the premises. Send us the deal for firm indicative terms, which are free and carry no obligation.

What rate should I put in?

Use a rate you have been quoted, or a cautious estimate to plan around. Owner-occupier business mortgages generally start from around 6%, but the exact figure depends on your trading record and the loan to value, so treat any figure here as indicative and confirm the real rate with us.

Does the calculator include fees and stamp duty?

No. It illustrates the mortgage repayment only. On top of the deposit you should budget for the lender arrangement fee, valuation, legal costs and stamp duty land tax. Ask us for a full picture of the costs on your specific purchase.