Rate Rise Mortgage Calculator
How to use the calculator
The IVA.co.uk Rate Rise Mortgage Calculator allows you to see how your monthly payments might be affected by the latest Bank of England rate rise.
Just complete the 5 simple boxes below and click submit.
The calculator will then tell you:
- How much your existing monthly payment is
- How much your new monthly payment is likely to be
- How much extra you will pay per month
- How much extra you will pay per year
Note: the calculator assumes that interest is calculated annually.