Part-and-Part Mortgages

Part-and-part mortgage calculator: work out your monthly repayments

A part-and-part mortgage combines a repayment mortgage with an interest-only mortgage. Part of the loan is gradually repaid over the mortgage term, while you pay only the interest on the remaining balance. This can help reduce monthly payments compared with putting the whole mortgage on a repayment basis, although you will need an acceptable strategy for repaying the interest-only element at the end of the term.

Our part-and-part mortgage calculator lets borrowers enter their total mortgage, the amount they want on interest-only, the mortgage rate and term. It then shows the monthly capital repayment, interest-only payment and combined monthly cost.

This can be particularly useful for borrowers arranging larger mortgages, where part-and-part lending is more commonly considered. However, calculator figures are only estimates and lender rules vary considerably, particularly around income, loan-to-value and acceptable repayment vehicles.

Trinity Financial can compare lenders offering part repayment and part interest-only mortgages and help structure the borrowing to suit your circumstances.

Call Trinity on 020 7016 0790 to secure a part-interest-only and part-capital-repayment mortgage. 

Your home may be repossessed if you do not keep up repayments on your mortgage