Repayment mortgage
Regular payments cover interest and reduce principal, aiming to clear the loan by the end.
Home finance without the fog
See the mortgage, the monthly cost and the long view.
A small difference in rate or fees can matter over a long term. Compare like with like and stress-test your future payment.
Understand
Compare
Decide
Compare
Decide
Deposit and LTV
Your deposit changes the loan-to-value ratio and can affect price, fees and eligibility.
Rate structure
Compare fixed, variable and split structures alongside their flexibility and revert rates.
Long-term cost
Model both the initial deal and a realistic later rate across the expected ownership period.
Know the structure
Mortgage decisions to understand
Product names vary between providers and markets. Focus on how the finance behaves.
Model a repaymentInterest-only period
Payments initially cover interest only; the principal still needs a credible repayment strategy.
Fixed-rate period
The rate is set for a limited period before moving to a new or variable arrangement.
Offset or redraw
Eligible balances or extra repayments may reduce interest while keeping some access to funds.
Before you compare
Write down what “affordable” means for you.
Use a payment that still works after essential expenses and leaves a buffer. Then compare offers against the same amount and term.
Income after tax
Essential spending
Comfortable loan payment
Your comparison checklist
Look at the whole commitment.
- 1Purchase price, deposit and associated buying costs
- 2Payments at the current rate and at higher rates
- 3Upfront, annual, valuation and discharge fees
- 4The rate and conditions after an initial deal ends
- 5Rules for overpayments, moving home and refinancing
Run the numbers
Open calculator