Buyer tools

Monthly cost calculator

Estimate the real monthly cost of owning your first home, not just the mortgage.

Before you start

Monthly cost is more than just the mortgage

This tool helps you estimate the ongoing cost of owning your home each month, not just the mortgage payment on its own.

  • • Start with your expected mortgage payment
  • • Add regular housing costs like bills, council tax, and service charge if it applies
  • • Use it to see what monthly ownership could really feel like

Your inputs

Results

Loan amount

£225,000

Estimated mortgage / month

£1,208

Deposit percentage

10.0%

Loan to value

90.0%

Total housing cost / month

£1,738

Left after housing

£1,262

Based on a property price of £250,000 and a deposit of £25,000, your estimated monthly mortgage payment is £1,208. Including your other monthly home costs, the total comes to £1,738.

What this means

Your monthly cost snapshot

A simple view of what your expected monthly home costs could look like.

Mortgage

£1,208

Bills

£430

Maintenance

£100

Total monthly cost

£1,738

Biggest monthly cost

Mortgage

Budget check

This looks like a meaningful monthly commitment. Make sure it still feels comfortable after bills, food, travel, and unexpected costs.

Next step

Plan your move-in budget

Once the monthly numbers look realistic, map the one-off move-in costs so nothing catches you off guard.