Buy to let
mortgage calculator
mortgage calculator
Use our efficient calculator to determine how much you could borrow for a BTL property.
Find your new
buy to let mortgage
Our free buy to let calculator searches thousands of BTL mortgage deals. Use it to find a new mortgage interest rate and check how much your monthly repayments could be.
Simply enter information such as property value, monthly rent, and how much you want to borrow. You can search for personal and limited company mortgage rates. An essential tool if you’re looking to purchase or remortgage an investment property.
Let’s find a buy to
let mortgage
Our easy-to-use buy to let mortgage calculator can help you find the best mortgage rate. It also shows you how much you will pay each month. All you have to do is give us a few details.
Secure your buy to let mortgage in 5 steps
Step 1: Get an idea with our buy to let calculator
Use our calculator to get an idea of the type of mortgage rate you could secure. Submit a quote and one of our BTL brokers will call you back. Then, they’ll complete a more in-depth search for you on our bespoke BTL mortgage sourcing system.
Step 2: Secure an agreement in principle (AIP)
Having completed a more in-depth search, our knowledgeable brokers will find you the most suitable deal and apply for that all-important AIP.
An AIP, or decision in principle (DIP), gives you a solid idea of how much you can borrow. It’ll also tell you the type of mortgage interest rates you can access and whether a lender will accept your application at all.
You can use the AIP to show estate agents and vendors that you’re a serious and credit-worthy applicant.
Step 3: Application process
Once you’ve found a property, we can start the formal buy to let mortgage application process. This is when we’ll need to collect documentation from you, including:
- 3-6 months of bank statements
- Proof of identity (ID) such as a valid passport or driver’s licence
- Proof of income
When we submit your application, an underwriter will review it, and a surveyor will value the property. If everything meets expectations, the lender should issue your formal mortgage offer within 4 to 6 weeks from application.
Step 4: Conveyancing
With your mortgage offer secured, your solicitor can begin the necessary searches and legal paperwork. Your dedicated MFB Client Relationship Manager will stay in touch to make sure everything is proceeding smoothly and help resolve any issues should they occur. Your solicitor will let you know when to pay your deposit.
Step 5: Completion
Once you’ve paid your deposit and all the legal work is complete, your solicitor will instruct your lender to release the funds. Congratulations – you now own a new buy to let property!
Where to start with
buy to let mortgage
Frequently asked buy to let questions…
What is a buy to let mortgage?
Do I need a buy to let mortgage to rent out a property?
How much deposit do you need for a buy to let?
What is the difference between a buy to let mortgage and a homebuyer mortgage?
How are buy to let mortgages calculated?
What is a rent-to-interest (RTI) calculation?
How to compare BTL mortgage offers
How long should you borrow for?
What is top slicing?
Capital or interest-only repayments?
Should I get a fixed or variable rate?
How long should I fix for on a buy to let mortgage?
How many buy to let mortgages can I have?
Meet your mortgage makers.
Talk to an expert
Have all the facts and figures you need to purchase or remortgage your home? Our experts will make the whole process easier for you! Give us a call or choose a convenient time for us to call you. Drop us an email or chat with a human on our live chat.