Search Our Site

 Contact Us: 01473 216950     Email:


How do I work out the total cost of my mortgage?


One option you have is to Google “mortgage calculator” and take a look at one online. But does this give you the full picture?

For a more accurate indication, a broker or lender can calculate the cost of your mortgage for you. They should make sure that any charges are fully explained including fees involved and any early repayment penalties. The costs will be presented with the total annual cost of your mortgage, which will be shown as a percentage of the loan (Annual Percentage Rate of Charge – APRC) and will include details of any valuation or redemption fees. This APRC demonstrates a more accurate comparison between different mortgage products available as all costs are included. So, rather than simply looking at the interest rate, make sure you are fully aware of how much your mortgage is costing to you, so you can make an informed decision on the best product to suit you.


Please note the content of this blog is for guidance purposes only and does not constitute for professional advice. Contact us today at or by calling 01473 216950.

What does an interest rate rise mean to me?
Why do I need to provide ID for a mortgage applica...

Related Posts



No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Sunday, 09 August 2020

Captcha Image

Get in Touch

3 Sorrel Horse Mews
Grimwade Street


01473 216950


Get in Touch

We’d love to hear what you’re looking for. Mortgages, insurance or any of our specialist products.

Fill in your details below and one of our experts will be in contact.

Please let us know your name.
Please let us know your email address.
Please write a subject for your message.
Invalid Input
Please let us know your message.
Invalid Input