It’s important to make sure you can afford the monthly payments before committing to a mortgage. Our calculator can help you work out how much your monthly payments may be.
Note: This calculation is based on a standard residential repayment mortgage and does not take into account any interest-only payments. For Buy to Let, commercial, or other mortgage types please speak to one of our advisers.
How to use this calculator
Enter the amount you want to borrow, the length of your mortgage term and the interest rate. The calculator will then display an estimate of your monthly repayments and the time it will take to repay the loan.
The calculator also gives an indication of the total cost of the mortgage, including interest. This should be used as a guide only – your actual costs will depend on your individual circumstances, including any fees and charges that may apply.
Remember, this is only a guide and there may be other fees or costs associated with your mortgage that you need to consider. Speak to an independent mortgage broker for a more accurate indication of what your repayments may be.
Next steps
Ready to apply for a mortgage? Our team of independent advisers at Echo Finance can help. We’ll guide you through the entire process and make sure you receive the best possible deal. Get in touch with us today and start your journey towards home ownership! Good luck!
Find your local adviser

Frequently Asked Questions
Below you will find the answers to the questions we hear most often from Echo Finance customers:
A mortgage broker, or a mortgage advisor, is an intermediary who acts as a conduit between an aspiring borrower and a lender. It is their job to provide the mortgage applicant with impartial advice, help them choose the right product and arrange the deal with the lender.
Brokers provide services including advice on which type of mortgage to choose, providing access to exclusive rates through their lender contacts, and application support. Some can offer advice on all areas of the mortgage market, while others specialise in niche fields such as buy-to-let, bad credit, commercial finance, first-time buyers or self-employed borrowers.
People choose to apply for their mortgage through a broker because it can boost their chances of finding the right deal, while saving time and money in the long run.
- Residential mortgages: Everything from fixed-rate to tracker mortgages for first-time buyers, homemovers and remortgage borrowers
- Specialist mortgages: For borrowers who fall outside of standard lending criteria, including people with bad credit, self-employed professionals and more
- Later-life lending: Including advice on equity release, mortgages for pensioners and retirement interest only (RIO) mortgages
- Bridging & Commercial: We have specialist advisors on hand for commercial mortgages, bridging loans, development finance and more
- Insurance & Protection: Including life, home and critical illness cover for families and individuals, as well as landlord and business protection insurance
Echo Finance is regulated by the Financial Conduct Authority and is reviewed annually by an independent compliance company. All of our brokers and advisers hold industry-standard qualifications, such as CeMAP, CeRER and DipMap, where required.
We are committed to providing advice through the channels that best suit your needs. Our brokers can provide advice via phone, email, video and web chat from anywhere in the UK, but we also aim to offer face-to-face appointments for those who request them.
