How much will my mortgage payments be 

Enter the mortgage loan, expected interest rate and term of the mortgage and  press Calculate. You can use the interest rates on our self certification best buy page as a guide.

The calculator will give you an estimate of the repayments for a repayment (capital and interest) mortgage and for an interest only mortgage

You will note that the  interest only payment is lower than the capital and interest. This is because you are just paying the interest back to the lender.