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.

Are you a homeowner?
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Are you an existing customer?
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What is your Optimum Credit account number?
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What is the value of your property?
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What is your Mortgage Balance?
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Is there a second mortgage on your property?
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  • Yes
  • No
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What is your Second Mortgage Balance?
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What is the purpose of the loan?
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  • Debt Consolidation
  • Home Improvements
  • Other
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How much are you looking to borrow?
Please select a value between £5,000 and £1,000,000
Please select a value between £5,000 and £1,000,000
For how many years?
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What product would you like?
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  • Two Year Fixed Rate
  • Five Year Fixed Rate
  • Variable Rate
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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.
Loan Amount*
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Monthly Repayments*
£0.00
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Indicative Rate*
0.00%
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Indicative results*

Borrowing £{gross_loan} over the term of {loan_terms} years would result in a monthly payment of {monthly_compound} and an estimated total loan repayable of {total_compound}. This is based on an interest rate of {indicative_rate}.

A Lender fee will apply.
*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.
Is it OK for us to contact you?
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Your Name
Your Name
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Your Email Address
Your E-mail Address
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Your Phone Number
Your Phone number
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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

Variables - DEV PURPOSE ONLY

Starting Base Rate
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Months repayable0
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Loan to Value0.00%
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Gross loan£0.00
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LTV Rate Output0.00
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Rate breakdown0.0000
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Rate expression0.0000
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Gross Rate0.00%
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Rate calculation%0.00
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Monthly payments£0.00
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Monthly payments£0.00
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£0.00
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Sorry we are unable to help, we currently only offer products for homeowners.
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