Our homeowner loan calculator

With our homeowner loan calculator, you can find out what your repayments might look like each month, and how much you could end up paying. 

Optimum Credit

Our homeowner loan calculator

Start by selecting what the loan is for, then tell us how much you want to borrow, and how long you’ll need to pay the money back. This calculator is designed to be  illustrative only, if you apply for a loan we’ll need to assess your financial circumstances.

Sorry we are unable to help, we currently only offer products for homeowners.
Borrow amount is larger than the propery's value (less the existing mortgage)
Please select a value between £5,000 and £1,000,000
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Other mortgage products are available. Our mortgage advisors will provide more information concerning other products during your application process.
2 Year Fixed Rate
The term fixed rate mortgage refers to a home loan that has a fixed interest rate for a set period of time at the beginning of the mortgage, in this instance the first two years. At the expiry of the fixed rate period, the reversion rate which is the lenders variable rate will be applied to the home loan. An Early Repayment Charge will be applicable during the fixed rate period.
5 Year Fixed Rate
The term fixed rate mortgage refers to a home loan that has a fixed interest rate for a set period of time at the beginning of the mortgage, in this instance the first five years. At the expiry of the fixed rate period, the reversion rate which is the lenders variable rate will be applied to the home loan. An Early Repayment Charge will be applicable during the fixed rate period.
Variable rate
The term variable rate mortgage refers to a home loan that has a variable rate from inception, for the life of the agreement.
Indicative results

Loan Amount*
Total Repayable*

Breakdown

This is a sum of the loan amount, interest (£), a lender fee of £ and an exit fee of £95.

Monthly Repayments*

Breakdown

This is based on a borrowing over Years / Months.

Indicative Rate*

Breakdown

This indicative rate is based on our rate and our lending criteria for your LTV of %.

Lender Fee*

Breakdown

A lender fee of £ is included in your total repayable figure.

*Please note these results are indicative and are meant to be used as a guide only.
Should you wish to submit an application, it'll be subject to status, full lending criteria, a credit check and a review by a qualified mortgage adviser, which could result in a different product which has a different interest rate. Any changes are likely to alter both the monthly payment amount and the total amount payable. Results are based on a good credit profile.

Representative Example
Borrowing of £40,000, plus £1,095 lender fee, totalling £41,095, over 200 months on a variable product with an initial borrowing rate of 4.8%. There would be 200 monthly instalments of £298.90. Total amount payable £59,875, made up of: Mortgage Amount £40,000, Interest £18,685, Lender fee £1,095, Exit Fee £95. Overall cost for comparison purposes 5.3% APRC. Please be advised that any interest rate fluctuations, during the life of the mortgage contract, will affect the total amount repayable.


*Optimum Credit would like to contact you to discuss your secured loan requirements. By selecting “yes” you are agreeing for one of our team to contact you using the information you provide and for your data to be processed in accordance with our Data Protection & Privacy Notice.
Our UK based team is here to talk. Lines are open Monday to Friday 9am-6pm or you can call us free on 0808 196 9611
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