Shared Ownership Mortgage Calculator

Shared Ownership Mortgage Calculator

Our Shared Ownership Mortgage Calculator offers an estimate of how much you might be able to borrow and what your monthly mortgage and rent payments could look like if you decide to purchase a Shared Ownership home. This tool is designed to help you determine if this type of mortgage fits your financial situation and assists you in planning your budget more effectively.

Benefits of Using Our Calculator

Using our mortgage calculator can provide you with a clearer picture of the potential costs involved, helping you make a more informed decision. For a more accurate and personalised quote, we recommend speaking to a mortgage broker.

How to Use the Calculator

Follow these simple steps to use our calculator:

  1. Enter the Amount You Want to Borrow: This is the loan amount you need from the mortgage lender.
  2. Enter Your Deposit Amount: Input the amount of money you have saved for a deposit.
  3. Select the Mortgage Term in Years: Choose the number of years over which you plan to repay your mortgage.
  4. Enter the Mortgage Interest Rate: Provide the interest rate based on current market offers.

Important Note

Guinness Homes are not financial advisors, and this tool is intended for research purposes only. Please consult with a qualified mortgage broker to discuss your finances and get tailored advice.

By following these steps, you can gain valuable insights into your potential mortgage costs and make better-informed decisions about purchasing a Shared Ownership home.

Try Our Shared Ownership Mortgage Calculator

Guinness Homes are not financial advisors, and this tool is to be used for research purposes only. Please contact a mortgage broker to discuss your finances.

£500000
£10
25 years
5.5%
Monthly Mortgage Payment