#Btl interest only mortgage calculator how to

Applications via a Limited Company or SPV, tick the 'Limited Company/SPV' box.A House of Multiple Occupation, tick the “HMO” box.Capital repayment: where you pay the interest and the lump sum borrowed, so you will own the property at the end of the term. Repayment basis (Interest only: where you only pay the lender a fee, “interest”, for borrowing the money and not the lump sum you borrow, so you won’t own the property at the end of the term.Loan amount (how much of the property value you want to borrow, up to a maximum of 85%).Borrowing type (remortgage, purchase, first time landlord – whether purchase or remortgage).To see live buy to let mortgage rates, updated twice daily, put the following details into the calculator:

#Btl interest only mortgage calculator how to

How to use the buy to let mortgage calculator Get started now - simply fill in the calculator to begin. You can submit an enquiry out of hours and we will get back to you. Our team of buy to let specialists are on hand to help via live chat or phone during office hours, should you have any questions. It does not provide a full mortgage illustration and is not a guarantee of the rate you can secure. It provides you with an indication of the interest rate and monthly repayments, as well as listing product fees and benefits. Our buy to let mortgage calculator compares the interest rates from over 80 lenders.