Buying a new home is one of the most important and demanding financial commitments you'll ever make. So why not step back and let us guide you through the mortgage maze?

To help you budget, here's a calculator that will work out your monthly mortgage repayments. All you have to do is fill in the amount you're thinking of borrowing and the appropriate interest rate, then choose either 'repayment' or 'interest only'. Note: if you choose 'interest only', don't forget that you'll also have to put money aside in some sort of investment to repay the loan at the end of the term.

How much will your mortgage cost? Loan amount: £ Loan interest rate: % Loan term: years Mortgage type: Repayment Interest Only Results Monthly mortgage repayment: £

Apart from your mortgage there are other costs you'll need to budget for when buying your home. The type of costs you need to think about are:

• Valuation fee
• Survey fee
• Arrangement fee
• Mortgage Indemnity Guarantee
• Solicitor's fees
• Searches
• Stamp Duty – see below
• Land Registry
• Removal costs.

And, after all this, don't forget about decorating and furnishing your new home!

Take advantage of our comprehensive, professional mortgage service. Arrange an appointment with a Belmont Financial Adviser today.

Calculate your Stamp Duty. Purchase price of house: £ Results Stamp Duty: £

Notes

Any figures quoted are only a guide.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.