Mortgage life assurance calculator
protect yourself and your family
Work out how much you can afford to borrow with our mortgage life assurance calculator.
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 mortgage life assurance calculator to find the best repayment option.
What is mortgage life assurance?
This is a type of protection that guarantees that your mortgage is paid off in full in the event of your death. Sometimes known as decreasing life assurance, the amount payable goes down over time. With many standard repayment mortgages you will not receive automatic insurance cover or payment protection. Even if it does have a policy included, you can often find better value with a separate deal. You may also want to think about term life insurance, a policy that pays out the same amount throughout the term.
Using the mortgage life assurance calculator…
Simply type in your mortgage amount and press the calculate button. Our life assurance calculator will automatically give you the monthly rates for this type of protection.
Because none of us can predict the future, taking out a life assurance policy is recommended for most people. Even if you have no dependents, you may want to consider applying. First Mortgage guarantees to find the best rates. We can also help you arrange a joint policy for couples or friends that co-own a house. Your deal will be based on age, financial circumstances and overall health.
To discuss your situation and find the best deal, call us on 0845 603 1525 to talk with one of our experienced consultants.
Get quotes prepared fast and easy from our award winning brokers starting, with our smart online form. Quote request
- Our whole of market service provides an unbeatable choice of mortgage lender.
- We have negotiated many ‘Exclusive’ market leading deals for our clients only.
- Your own dedicated mortgage advisor manages your application from start to finish.
- We do all the paperwork and work with lenders to ensure everything goes smoothly.
- Our mortgage advisors are expert in every type of money saving remortgage.
- Branches throughout Scotland
- Specialist help for first time buyers and homemovers with Property Law Centre
- Scotland’s longest established mortgage advisors
First Mortgage, the UK’s specialists in sourcing mortgages, remortgages and protection plans, are actively encouraging clients in Scotland (...)
Find out more
Don’t just take our word for it....
Read our testimonials to find out what our clients think of us!
A first class service and will recommend them to all my friends - E Klimek
Thank you so much for guiding me through all stages with expertise, you filled me with so much confidence - D More
My advisor and branch manager made the home buying process a joy! - S Tilston
We received the best dealings we have ever had from first mortgage - I MacDonald
Read more