125 Percent mortgage calculator
Let us find the juiciest quote for you
Work out how much you can afford to borrow with our 125% mortgage calculator.
Regrettably, there are currently no mortgage lenders in the UK offering 125% mortgages. All such products were withdrawn from the market at the start of 2008, as mortgage lenders started to experience difficulties in securing funding for these products.
We currently have one 100% mortgage available to first or second time buyers who are able to provide a guarantor. Alternatively, we have our new Family Equity Loan Plan which lets a parent or close relative take an equity stake in the property.
It may be that some mortgage lenders will re-enter this market, should their confidence in the financial markets return. Until then, mortgages are generally only going to be available up to 90% and lenders are likely to require a deposit of 5-10% or more from people looking to purchase a property.
Though deals vary from lender to lender, First Mortgage’s calculator can give you a good idea of how much you will need to repay each month. We search the whole of the market for the best deals - and we won’t charge you a thing for our service. Use our 125% mortgage calculator to find the best repayment option.
What is a 125% deal?
With a 125% mortgage you can borrow an additional 25% on top of the value of your new property. This is a particularly useful deal for first time buyers, people looking to consolidate debts, or anyone with lots of home improvements to do after moving in.
Use our 125% mortgage calculator
After you have used the 125% mortgage calculator, it’s worth considering if this is the right option for you. Many people are attracted to 125% deals because they can’t afford a deposit. If you do have access to funds, then you may benefit from lower interest rates by getting a 100% or standard deal. However, if you need the extra money for home improvements, or a deposit, then this may be your best choice. With many 125 % mortgage deals it is possible to switch mortgages at a later date. It is also possible to arrange interest only or repayment agreements with your lender.
If you would like any more information or advice, call us on 0845 603 1525. Our friendly and experienced consultants can help you find the right deal and help you use the 125% mortgage calculator.
Get quotes prepared fast and easy from our award winning brokers starting, with our smart online form. Quote request
Unsure where to start? Call our advice team now for free, impartial, experienced advice. Call us
Guaranteed!
With a whole of market choice that simply won't be beaten, find better and we happily match this while refunding TWICE the first years payments difference - guaranteed!
One shop - every lender - FREE whole of market advice!
Find out more
First Mortgage, the UK’s specialists in sourcing mortgages, remortgages and protection plans, are actively encouraging clients in Scotland (...)
Find out more
