This calculator will give you an indication of the repayments and deposit you will need for a Shared Ownership home. Please note these will only be approximate figures. You should get independent financial advice to find out exact costs, as these will vary depending on your individual circumstances.

Use the fields below to calculate your repayments. These figures are only a guide. We recommend that you obtain exact figures from a specific lender before committing to any mortgage.

This illustration is based on the total monthly payment for a straight repayment mortgage, including both interest and payment towards the capital loan amount over the selected years. APRs vary according to how your mortgage payments are arranged.

The illustrated rent is based on 2.75% on the retained equity. This will usually increase by the annual rate of RPI. Your lease will detail the exact payments and increases.

You will also need to take into account the Service Charge which is fixed on the property.

Disclaimer:
The figures and estimates shown in this calculator should not be relied on as confirmation of affordability or as recommendation to proceed. This is an indicative guide to monthly costs only. You should always seek advice and recommendations from an independent financial advisor regarding mortgage products, affordability, interest rates, repayment methods and terms and conditions. Prior to entering into any commitment you need to read and understand the Key Features Information document they will provide. You should also seek independent legal advice. Your home may be repossessed if you do not keep up payments on a mortgage or any other loan secured against it.