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Shared Ownership Calculator

Property Details

£

The full market value of the home

25 %

The percentage of the property you purchase through shared ownership

Mortgage Details

£

That’s 10% of your £112,500 share

%

Enter the estimated interest rate for your mortgage. This rate is used to provide an illustrative estimate of your monthly mortgage payments only. Your actual interest rate will depend on your mortgage lender and your individual circumstances.

25 Years

The number of years over which you repay your mortgage

Monthly Costs

%

The annual rent charged on the share of the property you don’t own

£
Mortgage:£592 / month
Rent:£773 / month
Service Charge:£150 / month
£1,515 / month (Total)

Important:The figures produced by this calculator are estimates only and are provided for illustrative purposes. They do not constitute financial advice, a mortgage offer, or a lending decision. Actual mortgage payments, rent and other costs will depend on the mortgage product you obtain, the interest rate offered by your lender and your individual circumstances. You should obtain independent financial advice or speak to a qualified mortgage adviser before making any decisions about purchasing a shared ownership property.