Please enter the estimated house value
Enter property value
Please enter the remaining balance you have left on your mortgage
Enter outstanding mortgage
Maximum facility depends on your house value compared to the outstanding mortgage. The calculator estimates the maximum facility available.
You may not want to borrow the maximum amount available. Please enter the amount you would like to borrow to see how that changes your monthly payments.
Enter how much you might want to borrow over the next 5 years.
NB: You only pay interest on the amount you drawdown
Please enter how long you would like to pay the repayments over, the mininum term is 5 years with a maximun of 30 years
Enter number of years you would like to repay it over.
(Maximum 30 years)
This is an estimated monthly repayment based on the amount you would like to borrow and your repayment term. Please see the more detailed calculator to work out monthly repayments based on a flexible drawdown each year
Monthly repayment
for
Based on information entered on the previous step. Please enter the amount you would like to borrow to see how that changes your monthly payments.
Enter how much you might want to borrow over the next 5 years.
NB: You only pay interest on the amount you drawdown
Based on the information entered on the previous step. Please enter how long you would like to pay the repayments over, the mininum term is 5 years with a maximun of 30 years
Enter how much you might want to borrow over the next 5 years.
NB: You only pay interest on the amount you drawdown
This is the amount of remaining credit based on the facility amount available to you. The amount is adjusted each year depending how much you drawdown annually.
Amount you want to drawdown (£)
You can adjust the amount you drawdown each year by updating the figures below. REMEMBER: interest is only paid on the amount that you drawn down.
Monthly Repayments (£)
This is your estimated monthly repayment based on the total amount you draw down and your repayment term. Please note: the amount will change depending on how much you decide to drawdown each year.
Year 1
This is the amount of remaining credit based on the facility amount available to you. The amount is adjusted each year depending how much you drawdown annually.
Amount you want to drawdown (£)
You can adjust the amount you drawdown each year by updating the figures below. REMEMBER: interest is only paid on the amount that you drawn down.
Monthly Repayments (£)
This is your estimated monthly repayment based on the total amount you draw down and your repayment term. Please note: the amount will change depending on how much you decide to drawdown each year.
Year 2
Avaliable to you (£)
Amount you want to drawdown (£)
Monthly Repayments (£)
Year 3
Avaliable to you (£)
Amount you want to drawdown (£)
Monthly Repayments (£)
Year 4
Avaliable to you (£)
Amount you want to drawdown (£)
Monthly Repayments (£)
Year 5
Avaliable to you (£)
Amount you want to drawdown (£)
Monthly Repayments (£)
After the flexible 5 year period your monthly payments will continue at £456.70 for the remainder of the term