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Interest-Only Mortgage Calculator
How to Use
Enter your loan amount and interest rate to calculate the monthly interest-only payment — the minimum you pay each month without reducing the outstanding balance. Interest-only mortgages are common for buy-to-let landlords or short-term bridging arrangements. At the end of the term you will still owe the full original loan amount, so ensure a repayment plan is in place.
Frequently Asked Questions
❓ Frequently Asked Questions
You still owe the full capital. You need a repayment plan such as savings, investments, or sale of property.