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.

Our Customers Love Us

4.98 Rating94 Reviews

Johnathan

First time buyer so I needed some help with the whole process, Leo Shakespear kindly guided me through everything. Highly recommended the service and the execution.

4 weeks ago

Preslav

As first-time buyers, my partner and I were very unsure of the home purchasing process, but Jason and Debbie made everything feel easy and effortless. From our initial consultation with Jason to receiving our mortgage offer, the advice we...

1 month ago

Sara

Very informative and very responsive team

3 months ago

Doreen

I couldn’t have wish for a better experience on my journey to buying my property through Uk Moneyman. Very professional, yet friendly, and easy to deal with. I’d recommend to anyone thinking of buying a property.

5 months ago

Andrew

Matt and Debbie from Birmingham money man have been very helpful so far in the process of buying our first house answering all our questions quickly and with detailed and understandable explanations. they have made the process easier and much less...

6 months ago

Alexander

Professional and provide a great service

6 months ago

Natasha

Absolutely fantastic service - highly recommended

6 months ago

Stephanie

Excellent, communication and supportive staff. They have been Very thorough and informative.

7 months ago

Anonymous

Incredibly helpful and responsive, friendly people and they made a daunting process easy and straightforward, would definitely use them again

9 months ago

Anonymous

Helpful and knowledgeable. Helped me make good decisions and managed to get the best possible deal.

9 months ago

SC

This has been a very challenging process that has taken a number of years to achieve. Birminghammoneyman brokers has been pivotal to me achieving my dream home. They have been patient and consistent in support and guidance. They are very reasonably...

11 months ago

Katia

They were really supportive and faster. I highly recommend their services.

1 year ago

Brian

I am very impressed and pleased with the service provided. Both Dan and Jonathan are consummate professionals who kept me informed at every stage of the process and were always on hand to answer any questions. They were sympathetic and eager to...

1 year ago

Mandy

They have been very helpful ,very patient helping sort any hiccups sorted everything in the end

1 year ago

Alistair

I have had a real good experience dealing with wayne and lizzie from uk moneyman they have been very informative and helpful couldent thank them enough for there work

1 year ago

Keith

You have given a very good act of yourself and very recommended by my shelf k gurney

1 year ago

Tayla-Leigh

The service that we received from Wayne and the team at UKMoneyMan was amazing. A straightforward and easy process. We highly recommend MoneyMan, especially to those that are first time buyers, everyone was so knowledgable and helpful. Friendly...

1 year ago

Harry

everyone from the money man uk team was a delight to work with, they made it all easy and stress free time for us and gave us all the support we needed. they was a pleasure to work with we will recommend them to family and friends and any future...

1 year ago

Anonymous

Dan was very helpful and knowledgeable and dealt with our mortgage quickly and efficiently.

1 year ago

Philip

Dan and Jonathan were very helpful and explained everything in detail. We were able to then make an informed decision on our lifetime mortgage.

1 year ago