Welcome to the Financial Calculators Page.

The following are Consumer tools, produced by the FSA.  These calculators are also available from the FSA's main website at : www.fsa.gov.uk/consumer. 

Mortgage payment calculators

When setting up a mortgage or re-mortgaging it is tempting to consider only what you will be paying per month at current rates of interest. If interest rates rise your payments will go up and over the full term of the mortgage you could end up paying a great deal more than you expected.

It is also worth bearing in mind that some of the fixed rate interest deals look more expensive now, but they may turn out to be cheaper in the long run if interest rates rise above the fixed rate.

These calculators give you the chance to work out what the effect of various interest rates will be on your payments.

If you have a repayment mortgage see what effect interest rates will have on your payments

Go to repayment mortgage calculator.

If you have an interest only mortgage see what effect interest rates will have on your payments

	Go to interest only mortgage calculator

Calculating your budget

This section gives you a chance to think about your spending and to calculate whether you have enough money coming in to cover your outgoings.

Your personal budget calculator

This will give you a chance to calculate whether your finances are "healthy". This can be described as having a "surplus" of income over spending.

On the other hand, you may find that your spending exceeds your income. This can sometimes be called an income "shortfall". If this is what you find you may want to look for ways to cut back on your spending.

	Calculate your budget online
	Print and calculate your budget (Adobe PDF file)

The Pension Calculator

When you think about what you ought to do to provide an income in retirement, investing regularly in a pension is one of your options.

If you are employed, you should first check if your employer provides a pension scheme. Your employer might make a contribution that you wouldn't get if you took out a personal pension.

If you don't have the option to join your employer's scheme, or you are self-employed or not in employment, you could take out a personal pension, such as a stakeholder pension.

	Pension Calculator

To discuss your financial requirements, contact us here