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Speak to an Advisor 7 days, 8am - 10pm
Work out your mortgage repayments based on your property value and deposit size.
Our mortgage calculator gives a helpful estimate of your potential monthly payments based on your mortgage amount, interest rate and term length.
However, the accuracy of the calculator can vary depending on the accuracy of the information provided.
While a calculator is a great starting point, for precise figures it’s always best to speak to a mortgage advisor who can take all factors into account and tailor advice to your specific circumstances.
Interest rates play a key role in determining the cost of your monthly mortgage payments.
When interest rates are low, your payments are likely to be lower as more of your payment goes towards paying off the capital.
However, if interest rates rise, your monthly payments will increase, as a larger portion will go towards covering the interest.
Whether you have a fixed-rate or variable-rate mortgage will also impact how sensitive your payments are to changes in interest rates. A fixed-rate mortgage offers stability by keeping payments the same, while a variable-rate mortgage can fluctuate with market conditions.
If you’re uncertain, speaking with a mortgage broker like us can help you understand how future interest rate changes might affect your budget.
Your loan value decreases over time as you make your monthly mortgage payments, with each payment contributing towards both the interest and the loan balance (the principal).
The speed at which the loan decreases depends on the type of mortgage you have. With a repayment mortgage, each payment gradually reduces both the interest owed and the principal, so your loan balance decreases steadily.
With an interest-only mortgage, you’re only paying the interest each month, meaning the loan balance remains unchanged until you repay the capital in full at the end of the term.
The amount you can borrow depends on several factors, including your income, outgoings, credit history, and the size of your deposit.
Lenders often use a multiple of your annual salary (typically around 4 to 4.5 times your income) as a guide, but they will also assess your affordability based on your monthly expenses and financial commitments.
For a quick and personalised estimate, you can use our How Much Can I Borrow Calculator to get an idea of your potential borrowing capacity.
For more detailed advice tailored to your situation, speaking to a mortgage broker is always a smart next step.
Using a mortgage broker can make a significant difference when navigating the mortgage process. Brokers have access to a wide range of lenders and deals that may not be available directly to the public.
They can help you find the most suitable mortgage based on your financial situation and preferences, saving you time and potentially securing better rates.
As a broker, we also handle much of the paperwork and liaise with lenders on your behalf, simplifying the process from start to finish.
Our Customers Love Us
100 5 Star Reviews
Nikky O
I and my husband had a great experience with moneyman, everything went smoothly and Jason Harros helped us got a very good deal. This company is highly recommended.
29 Jun 2026
Kristen Horner
We’ve had a really positive experience with Nottinghammoneyman throughout our mortgage process as first-time buyers. Our mortgage advisors Warren and Chris were highly knowledgeable and took us through everything step by step, which really helped us feel less overwhelmed at what can be a quite complex process. The admin side has also been very efficient. Any questions we had were answered quickly and professionally, and we always felt supported whenever we needed clarification. Overall, a very good service and we’d happily recommend Nottinghammoneyman to other first-time buyers or anyone looking for mortgage advice and support. We’ll also likely use them again in the future for remortgaging for peace of mind. Thank you, Nottinghammoneyman!
24 Jun 2026
Stephen Odudu
Great experience and a very quick offer to my mortgage you guys are doing a great job thanks so much for making me to get my mortgage and a good deal .
24 Jun 2026
Jessica Hopkins
Matthew has been brilliant throughout my entire first home purchase journey. Hes been very patient and understanding and i couldnt have wished for a better experience. Thankyou so much for making this a less stressful for me and explaining everything in detail!
27 May 2026
Hannah Ryley
We knew absolutely nothing about the mortgage experience! Chris made this whole experience less stressful! He not only was an amazing advisor but his personality is amazing! We made the right choice in in choosing UK money man, they really are the best!
7 May 2026
Josh King
Jason and Jo have been brilliant, from the very first phone appointment to obtaining our offer we had great communication and support throughout.
27 Apr 2026
Shauna Rose Wilkinson
Brilliant team! The service from everyone we’ve spoken to at UK Moneyman has always been flawless and so clear at every step, we wouldn’t use anyone else. Thank you!
1 Apr 2026
Harry Mak
We had such a great experience with Chris Thompson and his team! They first helped us when we were buying our first home, and honestly, as first time buyers, we had so many questions. They were incredibly patient and made sure we understood everything clearly. The advice they gave us was spot on and really helped us feel confident throughout the whole process. We recently remortgaged with Chris and his team and once again, they were excellent. They provided clear, accurate information and guided us through every step just like they did the first time. We’re really grateful for all their support, both with our first mortgage and the remortgage. I’d definitely recommend anyone looking to buy their first home or remortgage. They really know their stuff and genuinely care about helping their clients!
4 Mar 2026
Gaynor Browne
Excellent guidance and service from start to finish. Chris Wardall was helpful, informative, friendly and very patient with me being a first timer buyer . Great service from Chris and the whole team. Service was consistant with regular updates and no delays.i highly reccommend using this company.
3 Mar 2026
Dan B.
They've been very helpful from start to finish. Conor is on the ball and always takes the time to answer questions
5 Feb 2026
Helpful Guides
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.
Read our 355 Reviews
Nottinghammoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Nottinghammoneyman 2009–2026
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Nottinghammoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Nottinghammoneyman 2009–2026
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