Free mortgage calculator

Low deposit mortgage calculator

Check the numbers on a 5% or 10% deposit purchase.

Built and checked by the advisers at Spolton Mortgages, former bank managers who are CeMAP qualified and FCA registered.

710

Five-star reviews

VouchedFor 2019–2026

Local

Family-run since 2017

Registered · No. 993383

Higher loan to value mortgages usually carry higher rates. A larger deposit can open up cheaper deals.

First-Time Buyer Mortgages First-Time Buyers FAQs

Buying with a smaller deposit

You do not always need a big deposit. With 5% and 10% deposit mortgages available, this calculator shows your deposit, loan to value, loan amount and an estimated monthly payment.

Higher LTV deals tend to cost more, so we compare the whole market to find the most competitive option for your deposit.

Your home/property may be repossessed if you do not keep up repayments on your mortgage.

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What clients say

710 verified reviews, rated 5.0

263 reviews on Google and 447 on VouchedFor for 4 advisers, all independently verified. A 5.0 average across both.

5.0 average · Google & VouchedFor

VouchedFor

I'm a self employed contractor and was struggling to get a mortgage application sorted for my circumstances Gave me good advice and sorted out mortgage application with me face to face and other personal insurance The mortgage application went through with no problem Nothing. always available to contact with help and information

Verified client in Lincolnshire

Review of Nick Spolton

VouchedFor

We were first time buyers, with minimal knowledge on mortgages and the best options for us. Nick explained the process thoroughly, found us the best deal and made the application process so easy. He kept us updated with every step. Yes absolutely!

Verified client in Lincolnshire

Review of Nick Spolton

VouchedFor

I wanted advice about porting my mortgage and also how it would fit in with the fixed rate period ending. I was planning move to help my financial situation. Nick helped with my initial query but was also perceptive in picking up that I didn't really want to move. This gave me the courage to take my house off the market. Nick then helped me with remortgaging as a way to get my finances on a stronger footing. His research was thorough, he explained everything very clearly, gave me regular updates and chased legal for me. There is no way I could have managed things without Nick's expertise and wisdom. Yes. My financial situation is much better and I'm really glad I didn't move house. Nothing at all.

Verified client in Lincolnshire

Review of Nick Spolton

VouchedFor

We were looking to re-mortgage, wanting to build extensions. He helped with personal advise, ensuring we got the best deal for us and what we needed in place to enhance our chance to being approved. Yes, defiantly. Nothing that I can think off.

Verified client in Lincolnshire

Review of Nick Spolton

VouchedFor

Looking for a new mortgage Seth was fantastic with the advise he gave us and how best to use the money we already had to get the best possible mortgage rate, he went through everything in detail and was always at the end of the phone if we needed anything. Yes Nothing Seth was amazing

Verified client in Lincolnshire

Review of Seth Jackson

710

Five-star reviews

5.0★

Average rating

Read all 710 reviews

From first chat to front-door key

Let’s make your move simple

Free, no-obligation consultation. We listen, compare the whole market, and hand you a clear plan, no jargon.

Free until your offer is approved No jargon, no pressure Whole-of-market advice

Your home/property may be repossessed if you do not keep up repayments on your mortgage.

Our service is free until you receive a fully approved mortgage offer. There may then be a charge which, depending on your circumstances, will typically be £299, payable upon receipt of an approved mortgage offer. Our fee is discounted to £199 for Armed Forces and Blue Light Card holders.

Our fee is discounted to £199 for Armed Forces and Blue Light Card holders.

For remortgages, if best advice is to switch rates with your existing lender then we charge no fee at all.

Your home/property may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage.
As with all insurance policies, conditions and exclusions will apply.
Not all Buy to Let Mortgages are regulated by the Financial Conduct Authority.
Equity release is arranged by introduction only.

Spolton Mortgages is a trading style of Spolton Ltd, which is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority. FCA Number 993383.

Founded and incorporated on 7 August 2017. Spolton Mortgages is a trading name of Spolton Ltd (FCA Number 993383). Registered Company Number: 10903440 (view on Companies House). Registered in England and Wales.

Registered Office: Spolton Ltd, Spolton Mortgages, 6 Mill House, Carre Street, Sleaford, Lincolnshire NG34 7TW.