Compare Mortgage Terms
Enter your mortgage details and compare different term lengths to see their impact on payments.
Term Comparison Results
Monthly Payment (Term 1)
£0
Monthly Payment (Term 2)
£0
Total Cost (Term 1)
£0
Total Cost (Term 2)
£0
Term Comparison Analysis
- Monthly payment difference: £0
- Total cost difference: £0
- Total interest saved/extra: £0
- Years saved/extended: 0 years
Understanding Mortgage Terms
Shorter terms mean higher monthly payments but lower total interest. Longer terms reduce monthly payments but increase total cost.
Consider your budget, financial goals, and how long you plan to stay in the property when choosing your term.
Term Selection Tips
Popular UK mortgage terms:
- 25 years (standard)
- 30 years (lower payments)
- 35 years (maximum for most)
- 15-20 years (faster payoff)