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Speak to an Advisor 7 days, 8am - 10pm
Work out your mortgage repayments based on your property value and deposit size.
Our mortgage calculator gives a helpful estimate of your potential monthly payments based on your mortgage amount, interest rate and term length.
However, the accuracy of the calculator can vary depending on the accuracy of the information provided.
While a calculator is a great starting point, for precise figures it’s always best to speak to a mortgage advisor who can take all factors into account and tailor advice to your specific circumstances.
Interest rates play a key role in determining the cost of your monthly mortgage payments.
When interest rates are low, your payments are likely to be lower as more of your payment goes towards paying off the capital.
However, if interest rates rise, your monthly payments will increase, as a larger portion will go towards covering the interest.
Whether you have a fixed-rate or variable-rate mortgage will also impact how sensitive your payments are to changes in interest rates. A fixed-rate mortgage offers stability by keeping payments the same, while a variable-rate mortgage can fluctuate with market conditions.
If you’re uncertain, speaking with a mortgage broker like us can help you understand how future interest rate changes might affect your budget.
Your loan value decreases over time as you make your monthly mortgage payments, with each payment contributing towards both the interest and the loan balance (the principal).
The speed at which the loan decreases depends on the type of mortgage you have. With a repayment mortgage, each payment gradually reduces both the interest owed and the principal, so your loan balance decreases steadily.
With an interest-only mortgage, you’re only paying the interest each month, meaning the loan balance remains unchanged until you repay the capital in full at the end of the term.
The amount you can borrow depends on several factors, including your income, outgoings, credit history, and the size of your deposit.
Lenders often use a multiple of your annual salary (typically around 4 to 4.5 times your income) as a guide, but they will also assess your affordability based on your monthly expenses and financial commitments.
For a quick and personalised estimate, you can use our How Much Can I Borrow Calculator to get an idea of your potential borrowing capacity.
For more detailed advice tailored to your situation, speaking to a mortgage broker is always a smart next step.
Using a mortgage broker can make a significant difference when navigating the mortgage process. Brokers have access to a wide range of lenders and deals that may not be available directly to the public.
They can help you find the most suitable mortgage based on your financial situation and preferences, saving you time and potentially securing better rates.
As a broker, we also handle much of the paperwork and liaise with lenders on your behalf, simplifying the process from start to finish.
Our Customers Love Us
36 5 Star Reviews
Angela Baufeldt
We used UK money man for the purchase of our new home in Lincoln. Chris Wardill was our advisor and he was excellent all the way through the process. It was quite a stressful purchase from our side but Chris was used to the various hurdles and we felt he went the extra mile to get us the best deal for our circumstances. Overall we would certainly recommend Chris and UK money man to any other clients.
1 May 2026
michelle winters
Really great service and advice given. From my first phone call with Matt and the rest of the team my mortgage offer was made and complete within 2 weeks, excellent and would certainly recommend.
20 Aug 2025
Laura McGregor
Malcom made the process of applying for my first mortgage really quick and stress free. The team were able to break down any unknown vocab in a patient and kind manner and made sure that I understood every part of the process. Such good service!
29 Apr 2025
alan thomas
Excellent professional and helpful advice Fuss free service. We would highly recommend Connor for your mortgage!!
31 Jul 2023
Rhiannon Bourke
Made remortgaging really quick and easy. Found me a good deal and helped fulfil my requests.
31 May 2023
P Swick
Very helpful, friendly and professional!! Would 100% recommend for anyone looking for a mortgage!
20 Feb 2023
Sadie Brothwell
We chose Lincoln money man because a friend had recommended them. We had an opportunity to buy our house but without the typical, perfect first time buyers profile, we knew we would struggle obtaining a mortgage. I am working part time, my husband is self employed, we have 5 children and my credit history is far from pristine. Both Chris and Meghan were very honest with our options, helped us take the steps needed to improve our credit rating, worked tirelessly to get us the mortgage that we needed and always kept us updated with regular phone calls and emails. They really did make our dream of owning our own house a reality when they secured us a mortgage offer, which has now resulted in completion. We will no longer have to pay rent , we are paying towards our future, our children’s future. We will always be grateful and look forward to future contact when we are due to remortgage. Thankyou!
17 Oct 2022
Elli McNally
Really happy with the service we received from our mortgage advisor Tom. As first time buyers we had lots of questions about the process which Tom was always happy to answer. Our mortgage application was submitted and accepted really quickly with the support of Tom and our friendly case manager Jo. They also supported us with finding a conveyancer which took a lot of stress off us. We’d really recommend Lincoln Moneyman’s services as they made us feel much more at ease with the process.
14 Sep 2022
Cláudia Silva
Amazing Team, answer all my doubts, always at the end of the phone and made sure to updated me of any information or changes needed. Save me the hassle of paperwork or hunt deals for mortgage and definitely will recommend them to any future buyers.
23 Mar 2022
Tracy Smith
Excellent service. Nathan and the team are extremely knowledgeable and helpful - nothing was too much trouble. Would highly recommend.
7 Apr 2021
Helpful Guides
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.
Read our 117 Reviews
Lincolnmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Lincolnmoneyman 2009–2026
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Lincolnmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Lincolnmoneyman 2009–2026
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