Before you look around for a property check carefully how much you can afford to repay each month on your total mortgage and insurance cover. Remember your home is at risk if you do not keep up repayments on your mortgage. Using the calculators below you can work out a variety of possibilities based on: Accelerated repayments: this calculator shows you how, if you can afford an extra few pounds a month, you can save thousands of pounds over the term of the mortgage. It is best used by people who already have a mortgage, or who at least have an idea of how much they will borrow, at what rate, and how much extra they could afford each month. Effect of Interest rate: the monthly cost of a given interest rate. Repayment mortgage vs investment-based mortgage: this calculator allows you to explore the relative advantages and disadvantages of each given your attitude to future growth and risk. Maximum borrowing calculator: this indicates the main income multiples used by lenders when deciding whether or not to offer you a mortgage. Repayment Mortgage Calculator: shows interest, principal and balance figures. Loan calculator: works out monthly and total costs for an APR-based HP or Credit Agreement. Don’t forget to allow for all the extra costs involved in purchasing a property – including repairs, decorations and furnishings once you’ve moved in. See our checklist on associated costs. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. The Financial Services Authority does not regulate all forms of Mortgages and loans. Written Quotations are available on request. Loans subject to status. BFS Limited, Independent Financial Advisors, BFS House, The Green, Horsmonden, Kent TN12 8JS Consumer Credit Licence 503927 Berriman Financial Services are authorised and regulated by the Financial Services Authority