Cost calculator

Use this calculator to help you work out how you can afford your home. Simply amend the information using the sliders or typing in the boxes to match your personal financial situation.

Based on the information you provide, it will give an example of what your monthly mortgage and rent payments could be depending on your deposit and the percentage share you are purchasing.

Rent is calculated at 2.75% of the full market value of the remaining share. It does not include service charge or buildings insurance.

Average Service Charge

Average monthly service charge for a house is £45 and £80 for an apartment. Service charges vary from each development, this is a typical fee.

Cost Calculator

Shared ownership calculator

Percentage share price £${ share_price }
Deposit £${ deposit }
Mortgage (loan) amount £${ mortgage }
Mortgage payment per month £${ repayment }
Rent payment per month £${ rent }
Total monthly payment £${ total }

Configure your mortgage

Percentage of the property you will own

Interest rate of your mortgage

Amount of years you will pay for your mortgage

This calculator is for illustrative purposes only and is not a mortgage offer, it gives you an idea of how much you could borrow. The information is computer-generated and relies on certain assumptions. It has only been designed to give a useful indication of costs. It's important you always get a specific quote from a lender and double-check the price yourself before acting on the information.