Use the Help to Buy calculator below to illustrate an example of what the monthly costs when buying a property with a Help to Buy Equity Loan.

The calculator allows you to change the value of the property, mortgage interest rates & mortgage term and demonstrates what the affect your monthly outgoings will be.




Note: First time house buyers may only need a deposit of as low as 5%. This is because the equity loan from the government acts as the remainder of the deposit.

For example: on a £100,000 house, a deposit of £20,000 may be needed. You would pay £5,000, and the equity loan from the government would be £15,000. Added together, this would make the full deposit

Read more on Equity Loans