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Assessing the repayments schedule before entering into a mortgage deal is vital. You have to get the figures right and allow for some additional expenses so you will be able to comfortably keep up the repayments on your home even if things don’t go exactly as planned.

The real mortgage news simple mortgage calculator will allow you to do just this. All you have to do is enter the anticipated price of your house, your deposit, interest rate and length of mortgage and the calculator will do the rest. This will allow you to see your full repayment schedule as you already know seeing something in print will give you a much clearer idea of whether you are heading in the right direction in terms all the level of repayment schedule that you are considering. If you wish to look at all the scenarios simply adjust any of the figures in the boxes and this will allow you to compare your repayment schedules in terms of burying the length, varying the deposit or considering houses in a slightly different price bracket.