Monthly Repayment Calculator

Classic Lifetime Mortgages allow 10% ERC-free repayments and 12 payments can be made within a year.

To help demonstrate the benefits of making monthly repayments we have created a monthly repayment calculator. Simply enter the property value, loan size, interest rate, payment amount and house price growth % and the calculator will show the impact these payments have on the balance, the equity remaining and if any ERCs are applicable.

Payments exceed 10% of the Initial Advance in 12 month period therefore ERCs will apply on Classic products. Consider a Heritage Freedom 40 product which allows 40% overpayments per annum.

Maximum Monthly Payment Possible Without ERCs:

Monthly Payment
To Cover Interest:

Note: Minimum and maximum payment rules apply please refer to your KFI/Offer for full details.

This is for illustration purposes only.

This website is not intended or approved for customer use. Return to our customer website.