Buy to Let Mortgage Calculator

Work out your mortgage repayments based on your buy to let property value and deposit size.

Property price*

£

Deposit*

£

Loan amount

£

Mortgage type*

Repayment Interest Only

Interest rate (%)*

%

Loan duration (1-40 years)*

Additional fees to take out the mortgage

£

The monthly repayment amounts provided by this calculator are for illustrative purposes only and are based on the details you have entered. Actual repayments may vary depending on the lender's criteria, fees and terms. Other factors, such as your credit score and individual circumstances, may also affect the final repayment amount. Please use this as a guide only and speak with a mortgage advisor for an accurate figure.

Your monthly repayments would be...

£0

Speak with one of our mortgage advisors and get an accurate figure today!

Buy to Let Mortgage Calculator FAQs

Is the buy to let mortgage calculator accurate?

The buy to let mortgage calculator offers a helpful estimate based on your rental income and property value, but it’s only a guide.

Lenders take additional factors into account, such as your credit history, personal income, and overall financial situation, which the calculator can’t assess fully.

To get a more accurate figure and access to the most suitable mortgage deals, it’s recommended to speak with a mortgage broker like us.

We can help you navigate the complexities of buy to let mortgages and find a solution tailored to your investment needs.

How do interest-rates affect my mortgage payments?

Interest rates play a crucial role in determining your monthly mortgage payments, especially for a buy to let mortgage.

Higher interest rates increase the cost of borrowing, meaning your monthly payments will be higher, which can reduce your rental yield

If you have a tracker or variable rate mortgage, your payments will fluctuate based on changes to the Bank of England’s base rate.

For stability, many landlords opt for fixed-rate buy to let mortgages, locking in their payments for a set period.

Speaking with a mortgage broker can help you explore the most suitable rates available for your buy to let investment.

How is my loan value over time worked out?

Your loan value decreases over time as you make your monthly mortgage payments, with each payment contributing towards both the interest and the loan balance (the principal).

The speed at which the loan decreases depends on the type of mortgage you have. With a repayment mortgage, each payment gradually reduces both the interest owed and the principal, so your loan balance decreases steadily.

With an interest-only mortgage, you’re only paying the interest each month, meaning the loan balance remains unchanged until you repay the capital in full at the end of the term.

How much can I borrow for a mortgage?

Your loan value over time is determined by several factors, including the type of mortgage and how much capital you repay each month

For a buy to let mortgage, if you choose an interest-only deal, your loan amount will remain the same until the end of the term, as you only pay the interest each month.

With a repayment mortgage, each monthly payment reduces both the capital and interest, meaning your loan balance decreases over time.

To understand which option suits your long-term property investment goals, speaking with a broker can provide tailored mortgage advice.

How much deposit do I need for a buy to let mortgage?

For a buy to let mortgage, most lenders typically require a minimum deposit of 25% of the property’s value, though this can vary based on your circumstances and the lender’s criteria.

Some may ask for as much as 40%, especially if you are looking for better interest rates or have a more complex financial situation.

A larger deposit can help you secure more favourable terms.

Speaking with a mortgage broker can help you explore your options and understand how much deposit you’ll need based on your investment goals.

Should I use a mortgage broker?

Using a mortgage broker for your buy to let mortgage is highly recommended.

Mortgage brokers like us have access to a wide range of lenders, including specialist buy to let deals that may not be available directly to landlords.

We can help you navigate the often complex requirements, such as rental income calculations and affordability assessments.

By working with a broker, you’ll save time and have a better chance of securing a competitive rate, while ensuring the mortgage suits your investment strategy.

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Gisela

I'm grateful finding Lewis Davidson he was very friendly knowledge,professional expert and quick to responding the queries highly recommended UK Moneyman.👌🏻

Ben

UK Moneyman have been very informative throughout the process of aquiring our mortgage. Given we are first time buyers, they were very thorough in their descriptions and patient with us both as we weighed up the options they presented to us. Both...

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I am very pleased with the whole experience from start to finish. Great service and frequent communications throughout.

Jenny

Excellent service from start to finish. The team were supportive, knowledgeable and responsive throughout the entire process. They were friendly, understanding and always happy to answer questions. Thomas was brilliant in explaining the process,...

Adam

Excellent service as ever this is the third time I’ve used UK Moneyman. I’d recommend to them to anyone looking for a mortgage. Daniel and Stacey couldn’t have been more helpful. Communication was excellent throughout!

Anonymous

The team members l had the pleasure corresponding with, Dan, Amy and Jonathan could not have been more helpful and kept me updated at all times...First class customer service..Thank you so much 🙂

Krist

Dealing with Conor & Jo has been a pleasure and the experience as been no hassle and put me at ease. Would definitely recommend!

Elaine

Johnathan has been totally amazing throughout the remortgage process. He has acted in a very professional manner and had taken in that a lot of the work to me difficult, he explained in a manner that was understandable, he showed great patience and...

Alan

Very helpful and professional team. We have used them many times and find them to be very efficient and always able to come with the correct product

Caroline

Fantastic service Dan and Jonathan were there with us every step of the way couldnt wish for more dedicated people Thank you so much Graham and Caroline

Abdul

Chris and Debbie were a great help throughout the process of securing my mortgage.

Abdul

Chris and Debbie were a great help throughout the process of securing my mortgage.

FIONA

Dan was amazing all the way through the mortgage process for a Later Life Mortgage. Dan and Jonathan were very patient no matter how many times I asked them to explain something to me. Both are very professional and caring. Dan and Jonathan...

Georgina

Brilliant service

Michal

Excellent service from start to finish. Professional, knowledgeable, and always quick to respond. Made the whole mortgage process clear and stress-free. Highly recommended!

Phoebe

Matt was excellent - professional, friendly, flexible, and very responsive. He explained everything clearly every step of the way, and secured us a successful mortgage offer that was exactly the right fot for our circumstances and budget. This is...

Mary

Brilliant communication at all times. Friendly service. Very supportive throughout. Thank you.

Preslav

Jason, Debbie and Stacey are a brilliant team of professionals without whom we would have had a really difficult and challenging time dealing with the mortgage process as first time buyers. Jason led the entire process from start to finish, he was...

Linda

My advisor Chris was brilliant from day one. Through both telephone and teams calls he made everything easy to understand, and the process was smooth. Stacey in the applications team was tireless in checking all of the documents I needed to upload...

Jacqualine

Excellent service, with me every step of the way. Highly recommended