Abbeyfields, Sandbach
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Mortgage Calculator
Equity Loan Mortgage Calculator
Whether you’re a first time buyer or already on the property ladder, you could buy a new home with just a 5% deposit.
Here’s how Help to Buy Equity Loan works
- Available to both first time buyers and existing homeowners
- You only need a minimum 5% deposit to qualify
- The Government will lend you up to 20% of the value of your property through an equity loan.
- You only need to secure up to a 75% mortgage from a bank or building society
- There is a maximum home purchase price of £600,000 in England and £300,000 in Wales.
England
Wales
House Price
Min£50,000
£100,000
Max£600,000
Deposit
Min (5% of house price)5%
£10,000
Max (30% of house price)5%
Interest Rate
Min2.00%
3.50%
Max6.00%
Term
Min25 Years
30 Years
Max35 Years
This calculator is provided to give you basic guidance only. Anwyl does not provide advice on mortgages. By requesting specific guidance you will be authorising us to pass your contact details to our nominated independent financial advisers 75point3. Anwyl recommends 75point3 as it has demonstrated a commitment to meeting customer needs in line with Anwyl’s own ethos as well as considerable expertise in new build mortgage products. Anwyl does not receive any payments or inducements from 75point3. 75point3 is authorised and regulated by the Financial Conduct Authority and will provide specific guidance in writing.
