Mortgage Calculator

Below is a mortgage calculator, this is intended to give you a guide to the types of repayments that you would expect to make given the criteria entered into each field.

Gem Mortgages cannot guarantee that your payments will be exactly the same as those shown below, however, they should provide an accurate enough sum with which to estimate the upper limit of what you can afford to borrow.

The Interest Only figure may be of particular interest to those looking to invest in the housing market using a Buy To Let scheme.

Be sure to use a realistic interest rate. Remember that mortgages are set at a higher rate than the base Bank of England rate. Due to the variable nature of interest rates we cannot provide this information directly.