Work out your future monthly payments if you’re considering:
- starting a payment holiday
- extending a payment holiday
- extending the term (length) of your mortgage
Some web browsers are unable to display the calculator. If you can’t see it below, please call us.
Before you get started
Switching rates – the calculator assumes the interest rate will remain the same throughout your loan term. If you have an HSBC Variable Rate, a rate switch could help reduce your monthly payments. See more about switching rates.
What you’ll need
The calculator asks for your outstanding balance, annual interest rate and the term (length) that is left on your mortgage. These can be found on your annual statement, in your end of payment holiday letter, or by logging on to online banking.
Important to know
The information provided by this calculator is a guide and should be used for indicative purposes only.
If you have more than one loan part, you’ll need to use the calculator for each loan part. If you’re coming to the end of a payment holiday, you’ll receive a letter for each loan part.
Take a payment holiday
Review your end of payment holiday options
If you have already taken a payment holiday and have received a letter detailing your new monthly payments, see your options.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.