Fees Free Mortgages

Mortgage Calculators

Can I Afford a Mortgage?

Do you want to purchase a property but don’t know how much you can afford? Or perhaps you’re looking to calculate your mortgage repayments? Maybe you’re just not ready to apply yet? Whatever your situation, our simple mortgage calculators are here to help you crunch the numbers.

In just a few minutes, our online mortgage calculators can help you discover your buying potential, estimate your monthly repayments, work out your stamp duty costs, and determine your LTV – completely free, and with no credit checks required.

Discover our Mortgage Calculators

From LTV to monthly payments, putting a figure on your future mortgage can be tricky. Fees Free Mortgages are here to make things simple. With just a few clicks, our calculators can help uncover all the information you’ve been searching for.

Mortgage Borrowing Calculator

Estimate your maximum mortgage based on your income and outgoings.

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Loan to Value Calculator

Discover your mortgage to property value ratio by simply submitting your deposit and property value.

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Mortgage Repayment Calculator

Calculate your monthly mortgage repayments, costs, and interest rates at the click of a button.

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Stamp Duty Calculator

Determine how much stamp duty you’ll pay on your new property.

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Next Steps: Mortgage in Principle

Want evidence of how much you can afford to borrow? A mortgage in principle is the perfect step up from online calculators – offering a more accurate result, and documentation designed to stake your claim as a serious and capable buyer.

We’ll put together a comprehensive document accurately demonstrating your borrowing potential for no additional cost – helping put you in a good position to make an offer the seller can’t refuse.

Discover Mortgage in Principle

Sample Lenders

Not Sure Where to Start?

Our expert team of mortgage brokers and advisors are here to help at every step of your mortgage journey. If you’re in need of more than just a mortgage borrowing calculation, our free mortgage advice service could help get you on the right track. We’re always available to offer independent, fully-tailored mortgage advice in simple, understandable terms and at no extra cost.

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Don’t Take Our Word For It

Discover our clients’ mortgage success stories.

I had so many questions and unknowns about buying my first home but none of them were too silly for Martin to answer. He helped me with finding the mortgage lender that suited me and did all the paperwork upfront, so to make everything run smoothly later on. He advised me with insurance and gave me me guidance and updates every step of the way. For me, Martin made buying my first home an exciting experience, not a stressful one and I would recommend him every time. Thank you.

Rachael Parnell

First Time Buyer Mortgage


Martin Bright has been exceptional throughout a long and convoluted process. After three attempts at securing a house (and three mortgage searches), Martin was patient and professional, always happy to help and always finding a better deal than I thought possible. He explains things clearly and puts forward his thoughts and justifications in a very considered way. I have a 5yr fix at 0.9%. Which beggars belief really! Fantastic outcome, brilliant service and a thoroughly nice chap all round. Wouldn’t hesitate to recommend, and I already have done to a couple of friends looking to secure their own mortgages.

Alex Prentice

First Time Buyer Mortgage


Martin and his team were always quick to respond from mortgage application through to completion. He provided valuable advice and insight throughout, especially during the economic downturn and rapid rises with interest rates, and secured us a great deal with a lightning fast turnaround. Also, Adelle made obtaining Life and Financial Protection insurance super easy – allowing us time to look through the deals she prepared and was always willing to explain complex or unfamiliar terms to us. When we end up moving house in the future – I’m sure I’ll be giving Fees Free Mortgages a call.

Daniel Percey

Free Mortgage Advice


For anyone buying a new home, looking to re-mortgage or interested in setting up life cover – then Martin is absolutely your man. My wife and I have been using Martin for the past 4-years for our mortgages, personal and business life cover, and I would never go else where. Martin offers a very personal and professional service, he is extremely knowledgeable, honest and consistent, and is always looking for the best option for his client. I would highly recommend, great guy.

Michael John Vingerhoets

Self Employed Mortgage



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Property and Mortgage News

Our team of industry-leading advisors are ready to assist you in your mortgage journey. For expert fees-free mortgage advice, or to discuss any of our services, please contact us using the contact form below, or visit us in our flagship branch, or reach out to your local advisor.

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Calculating your mortgage payments ‘by hand’ can be tricky – but isn’t impossible (though we thoroughly recommend using a dedicated online calculator to double-check your findings)! The equation you’ll need to follow is: Mortgage = P[i(1+i)^n] / [(1+i)^n-1] where p= principle amount, i = monthly interest rate, and n = the loan term in months. 

If you need assistance determining any of the above figures, or would like to determine a more definite cost, contact Fees Free Mortgages’ friendly team of expert brokers for mortgage advice provided at no extra cost. We’ll be happy to help kickstart your journey towards unlocking your first or next home.

Though mortgage calculators provide some brilliant insight into general costs, they can only be as accurate as the information they receive. Many online calculators are designed to provide an estimate – excluding fields and information such as property tax and insurance for the sake of brevity and simplicity. These ‘additional’ elements can have a huge impact on the figures calculated – meaning it’s hugely important to consult a reliable mortgage broker to determine exact costs after ascertaining a relative figure from an online calculator.

The Fees Free Mortgages team highly recommend using one of all of the above mortgage calculators to approximate a figure before booking a free, no-obligation consultation in which a more accurate set of costs can be set.

In short, a mortgage offer with a multiple of 6 can be relatively difficult to come by in the UK these days – with the average offer sitting at between 3 and 4.5. With this being said, for those who meet the necessary lending criteria and affordability checks, such a loan is possible to secure – with the exact multiple offered being determined by a number of factors including income, LTV, credit history, age, and career type. 

Our mortgage borrowing calculator above will be able to offer you a general level of insight into how much you may be able to borrow – but isn’t a guarantee. If you’d like to establish how much you’ll be able to borrow with a MIP, or begin your mortgaging journey, get in contact with Fees Free Mortgages today.

In short, mortgage calculators are only as reliable/accurate as the information they receive. Whilst one mortgage calculator may take into account additional elements such as property tax, other more simple options may require only amount, interest rate, and mortgage period. Naturally, the resulting figures will differ. 

Whilst online calculators are a great way to gain some general insight into your mortgage costs, they’re never guaranteed to be completely accurate for this reason. Our experts highly recommend treating their results as a rough affordability guide. If you’re in need of a more accurate affordability/cost calculation, reach out to our friendly, expert team for 100% free mortgage advice.

As every first-time buyer’s circumstances are unique, there’s no set figure as to how much they can borrow as an entire demographic. The amount you’ll personally be able to afford is dependent on a number of factors, including (but not limited to) the size of your deposit, any first-time buyer schemes used, your chosen bank/building society, and more. 

If you’d like to discover a simple estimate of how much you could afford to borrow as a first-time buyer, feel free to use our quick online calculator above. To determine a more accurate figure, please reach out to the Fees Free Mortgages team for a no-obligation consultation or free mortgage advice session.