Million Pound Mortgage Calculator
Million-pound mortgages were once the forte of private banks, but today, many lenders offer them. Use the million pound mortgage calculator to discover what your repayments will be, both on an interest-only basis and on a repayment basis.
Contact us today to discuss your large mortgages with a specialist large loan mortgage broker call 02035195590 or email enquiry@foxdavidson.co.uk
Why Choose Our Million Pound Mortgage Calculator?
- ✅ Instant Results – Get precise monthly payment estimates in seconds without waiting for broker calls or lengthy application processes
- ✅ High-Value Specialist – Designed specifically for mortgages over £1 million with accurate interest rate assumptions that reflect current market conditions for luxury properties
- ✅ Multiple Scenarios – Compare different loan amounts, mortgage terms, and interest rates to find your optimal mortgage structure, including interest only mortgage options
How It Works
- 1️⃣ Enter Your Details – Input your desired loan amount (£1M+), deposit amount, and preferred mortgage term to establish your borrowing requirements
- 2️⃣ Select Interest Rate – Choose from current mortgage rates in the market or enter a custom rate based on quotes from private banks or specialist lenders
- 3️⃣ View Your Results – See detailed monthly mortgage repayments, total interest costs, and mortgage affordability breakdown to guide your property purchase decision
A million pound mortgage calculator will calculate the monthly repayments on loans of 1 million pounds. Payments are calculated on an interest only basis and a repayment basis. This is useful if you are trying to budget what your mortgage costs might be for a 1 million pound or more mortgage.
The monthly payment for a 1 million-pound mortgage depends on interest rates and loan term. Use our Million Pound Mortgage Calculator to estimate payments, typically ranging from £3,000 to £5,000 with a 25-year term at 4-6% interest.
For a 1 million-pound mortgage, lenders typically require a combined annual income of £200,000-£250,000, depending on your credit and deposit.
Yes, you can get a mortgage on a million-pound house if you meet lender criteria, including a large deposit and high income.
To buy a 1 million-pound house, you’ll need a 10-20% deposit (£100,000-£200,000), plus additional costs like stamp duty and fees (£50,000+).
To get started, contact our UK specialist mortgage brokers on 0203 519 5590 or enquiry@foxdavidson.co.uk We work by phone, email and video. We have offices in Bristol & London
