Mortgage calculators & tools
Our mortgage calculators and tools are designed to help make things easier for you. They’ll give you an idea of how much you could borrow and see how changes to your mortgage could affect your repayments.
With just a few quick questions, our online mortgage calculator will give you an idea of how much you could borrow, show your mortgage rates and compare monthly payments. It’s free to use and there are no credit checks involved.
Let's start by getting you to the right place:
Home mover calculator
If you’re ready to move home and you’re looking for a new mortgage deal, our home mover mortgage should suit your needs. You can use our home mover calculator to find out more about the mortgage options available to you and what your monthly payments might look like.
If you have a mortgage with a different provider and are thinking of moving your mortgage to us, then remortgaging could be the right choice for you. Use our remortgage calculator by entering information about your current mortgage to find new deals to suit your needs.
Switching your mortgage calculator
If your existing Halifax mortgage is coming to the end of its term and you're ready to switch to a new deal you can use this calculator. You'll need to know your mortgage account number to use the calculator.
Buying another home calculator
Already own a home and looking to buy an additional property for yourself that won’t be rented out (buy to let)? Use our calculator to find out more about the mortgage options available to you.
You could lose your home if you don’t keep up your mortgage repayments
The amount you can borrow for your mortgage depends on a number of factors, these include; your salary, bill payments, any additional outgoing payments including examples such as student loans or credit card bills.
These factors are taken into consideration when a mortgage lender calculates how much they could ideally lend you for a mortgage.
Interest rates are also a consideration and in most cases mortgage lenders will ensure you will still be able to repay the amount you borrow if interest rates were to increase. Our mortgage calculators can give you a rough idea of how much you could borrow for your mortgage by taking the above factors into consideration.
If you are looking to buy a property, you will need to have a deposit which is essentially money that you have saved that will go towards the cost of the property.
In most cases, the larger the deposit contribution you make, the lower your interest rate could be. The amount of deposit you are required to have saved before you purchase a property depends on a number of factors, such as the type of mortgage you are looking to get and your own financial circumstances.
You can use our mortgage calculators to get an estimate of the deposit amount you’ll need, to purchase the property you have in mind.
In order to assess your affordability for a mortgage, a lender will typically ask for proof of your income as well as any living expenses they need to consider.
They will then run a credit reference check to ensure you will be able to maintain the mortgage payments and the lending amount is correct for you. You may be asked for supporting documentation during an affordability assessment such as your proof ID, proof of address, proof of income and any additional information which may support your application.
You can use our mortgage calculators to see roughly how much you could borrow – they’re free to use and there are no credit checks made.
Mortgage interest rates are the additional cost associated with borrowing from a lender to buy a property. Essentially, the higher the interest rate, the higher your monthly mortgage payments are likely to be.
The type of mortgage you choose will determine the type of interest you can expect to pay, whether this is a Fixed-rate or Variable mortgage. Fixed-rate mortgages generally come with a higher interest rate, whilst a Variable mortgage will be lower with no guarantee of your interest rates not rising.
Our mortgage calculators will show what mortgage rates are available to you and let you compare the monthly payments.
We have other calculators and tools to help you manage your mortgage. Try our mortgage overpayment calculator and rate change calculator.
Buying a new home? Our location finder tells you more about the local area. The conveyancing service will give you quotes for your legal costs.