One of the first questions you're likely to ask yourself when buying a house is 'how much deposit do I need?'
Look no further because we have a mortgage deposit calculator that'll answer that very question. By filling in a few simple questions we'll be able to calculate your home deposit, tell you how much you need to save and how long it'll take to reach your deposit goal.
Your home may be repossessed if you do not keep up repayments on your mortgage.
You’ll know that when you apply for your first mortgage you’ll need a certain amount of deposit which will be a percentage of the total cost of the property. So, as a basic example you might have £20,000 saved for a £200,000 house. With our house deposit calculator we can work out the exact deposit you think you’ll need based on the value of the house and the percentage you’re hoping to save.
As well as a mortgage and deposit calculator we have a handy Lifetime ISA calculator and a Stamp Duty calculator in case either of these are helpful to our customers, too. We also have a whole library full of mortgage guides that we’ve worked on with our expert mortgage partner Mortgage Advice Bureau who’ll search over 90 lenders and 12,000 deals to find the right one for you.
Finally, if you have a Beehive Money account; you can set up your deposit goal right there in the app which will help you track how close you are to achieving it.
Whatever type of mortgage you're looking for, whether you're a first-time buyer or looking to remortgage, our partner Mortgage Advice Bureau can help.
Buying your first house is one of the most exciting things you'll experience. But, before jumping straight in, let us help you. From tips on how to start saving and linking you up with expert mortgage advice, the Beehive Money app has it all.
Start your mortgage journey
When it comes to remortgaging, you could stick with your existing provider - you’ve dealt with them before and know how they work. But without looking at what deals are out there, you could be missing out on getting a mortgage that’s more suited to you elsewhere.
Find a new mortgage deal
If you’ve decided you’re moving home but aren’t sure what happens with your existing mortgage, you’re not alone. Can you keep your existing deal or do you need a new one? There’s lots of questions to answer - that's where we can help.
Find out more
We've created a range of services and tools that complement your savings journey and help you take care of your life goals.
