Mortgage amortization UK

Use the calculator to display your amortization schedule.


£

%
months



Amortization schedule:

#BalanceMonthly repayments
InterestsPrincipal paid
0100 000,000,000,000,00
1100 000,008 537,85375,008 162,85
291 837,158 537,85344,398 193,46
383 643,688 537,85313,668 224,19
475 419,508 537,85282,828 255,03
567 164,478 537,85251,878 285,99
658 878,488 537,85220,798 317,06
750 561,428 537,85189,618 348,25
842 213,188 537,85158,308 379,55
933 833,628 537,85126,888 410,98
1025 422,658 537,8595,338 442,52
1116 980,138 537,8563,688 474,18
128 505,958 537,8531,908 505,95
Total:102 454,232 454,23100 000,00

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APR – Annual percentage rate

Sometimes, the term “APR” refers to a nominal APR and sometimes to an effective APR or “EAPR”. This rate is annualized (it describes the interest rate for a whole year, rather than a monthly rate).
In general:

  • The nominal APR: Simple interest rate. It is the rate for a payment period multiplied by the number of periods in a year.
  • The effective APR (EAPR): it includes loan fees & compound interest rate (calculated across a year).

In the EU, as a form of consumer protection, the APR must be disclosed by lenders. It represents the “cost” of borrowing and makes loan offers comparision easier.