Calculate Your Potential Mortgage Repayments

Understanding how much you could afford to borrow can be a useful first step when planning your first home purchase. Use our mortgage calculator to estimate your monthly repayments and understand how different mortgage amounts could fit within your budget.

Buy to Let Mortgage Costs and Fees

As well as the deposit and mortgage payments, there are additional costs to consider when investing in a rental property. Understanding these expenses can help you plan your investment more effectively.
Cost What is it? What to Consider
Deposit The upfront amount you contribute towards the property purchase. Buy to let mortgages often require a larger deposit compared with residential mortgages.
Mortgage arrangement fee A fee charged by some lenders to set up the mortgage. Check whether the fee is paid upfront or added to the mortgage balance.
Valuation fees A lender assessment of the property’s value. Some mortgage products may include valuation as part of the deal.
Legal fees Costs for handling the legal side of buying the property. These may include conveyancing, property searches and other legal work.
Landlord insurance Insurance designed to cover risks associated with renting out a property. Standard home insurance may not provide suitable cover for a rental property.
Maintenance and repairs Ongoing costs of keeping the property in good condition. Budgeting for unexpected repairs can help protect your investment.

Calculate Your Buy to Let Mortgage Costs

Understanding your potential mortgage costs can help you plan your property investment. Use our buy to let mortgage calculator to explore possible repayments and get a clearer idea of how different mortgage amounts may affect your budget.

Disclaimer:

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. The content on this page is for general information purposes only and should not be considered financial, legal or mortgage advice. It does not take into account your individual circumstances, and you should seek independent professional advice before making any financial decisions.

We work with L&C, a fee free mortgage broker. If you complete on a mortgage through L&C, L&C will be paid a commission by the chosen lender. L&C will share a percentage of this commission with CreditKnowledge. The commission L&C receives doesn't affect the product or rate recommended to you. Our role is to connect you with their service to help you compare mortgage deals and find suitable home loan rates.

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