Buy-To-Let Mortgage and Profit Calculator

Our Buy-To-Let mortgage calculator allows you to compare to different types of Buy-To-Let mortgage and displays your profit figures once the property has been rented out.

The deposit for a Buy-To-Let mortgage is normally above the standard mortgage deposit and can be as high as 40%. Interest rates and fees are also normally above the standard rates.

The first mortgage plan you will see is a normal annuity plan, which is when a certain amount is paid off from the mortgage on top of interest.

The interest on the mortgage is calculated from the outstanding mortgage balance. This way, more money is paid off from the mortgage amount as well as the payments progression.

The alternate plan is an interest only plan, which is when the interest is paid across the life of the mortgage with the mortgage amount due at the end of the period.

The profit figures are shown in three separate sections below:

  1. The first section excludes the deposit and final payment and shows where the figures for the mortgage period are.
  2. The second section includes the mortgage plan including the final payment, which is relevant to only the interest plan.
  3. The first section includes the mortgage plan and includes the initial deposit and final payment costs, which provides you with the total mortgage cost.

A breakeven figure is displayed too, which shows you the costs as a monthly amount. You can save calculations to a table for future comparison by simply clicking on the "Add to table" button. The table will be shown below the schedule comparison.

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Buy-To-Let Mortgage Details
Mortgage Details
Property Value Total value of the property
Deposit Percentage (%) Enter either the Deposit Percentage or Amount
Deposit Amount
Mortgage Amount Mortgage value after deducting the Deposit
Mortgage Period Total length of the mortgage in calendar Months or Years
Annual Interest Rate (%) Enter the Interest Rate
Income Details
Income per Income from rental charged to tenant
Annual Income Annual Income based on Rental Income
Total Income Total Income based on the Annual Income over the mortgage period
Monthly Figures (based on calendar months)
Principal and Interest Plan You pay the Interest plus an Amount off the mortgage
Interest Only Plan You pay the Interest only
Monthly Income Monthly income based on rent received from tenant
Mortgage Payment Summary
Payment Plan Notes
Principal and Interest Interest Only
Principal 0.00 Interest only plan does not pay any amount of the principal amount over the period
Interest Interest is calculated on the reducing balance on the Principal and Interest plan
Final Payment 0.00 The Mortgage Amount is due at the end of the Interest only plan
Total excluding Deposit Total Costs for everything except the initial Deposit
Total including Deposit Total Costs
Profit – excluding Final Payment and Deposit
Profit Principal and Interest Interest Only Notes
Monthly Profit per calendar month excluding Final Payment and Deposit
Annual Profit per annum excluding Final Payment and Deposit
Total Profit excluding Final Payment and Deposit
Breakeven Cost excluding Final Payment and Deposit, per calendar month
Profit – including Final Payment, excluding Deposit
Monthly Profit per calendar month, including Final Payment and excluding Deposit
Annual Profit per annum, including Final Payment and excluding Deposit
Total Profit including Final Payment and excluding Deposit
Breakeven Cost including Final Payment and excluding Deposit, per calendar month
Profit – including Final Payment and Deposit
Monthly Profit per calendar month, including Final Payment and Deposit
Annual Profit per annum, including Final Payment and Deposit
Total Total Profit, including Final Payment and Deposit
Breakeven Total Cost per calendar month

Show Payment Schedule

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Rating: 3.6/5 (12 votes)