Shared Ownership mortgage calculator

CalculatorUse the SmartShare quick and easy payment calculator to find out how much you could save by buying a shared ownership property compared to buying outright. Also find out how little you have to earn every year to get on the housing ladder!

 
Results
  • Monthly mortgage £236
  • Estimated monthly rent £186
  • Estimated monthly service charge £50
Total monthly payableEstimated Required Household Income Per Year
Shared Ownership£472£14,156
Outright Purchase£1,088£32,641
Saving£616£18,485

Disclaimer

The figures and estimates shown in this calculator should not be relied on as confirmation of affordability or as recommendation to proceed. This is an indicative guide to monthly costs only. SmartShare is not authorised or regulated by the Financial Services Authority to provide financial advice. You should always seek advice and recommendations from an Independent Financial Adviser regarding mortgage products, affordability, interest rate, term, conditions and method of repayment. Prior to entering into any commitment you need to have read and understood the Key Features Information (KFI) document which they will provide to you. You should also seek independent legal advice. Your house may be repossessed if you do not keep up payments on a mortgage or any other loan secured against it.