Before completion
The deposit is only one cash cost
Deposit£30,000SDLT£0Buying fees£5,000Total cash£35,000
Example: a first home in England or Northern Ireland with the calculator's starting fee allowance.
After moving
The mortgage is only one monthly cost
Mortgage£1,461Repairs allowance£250Household bills£415Estimated monthly home cost£2,126
Keep the buckets separate
One-off cash and monthly affordability answer different questions
- Buying costsProperty tax, legal work, mortgage fees, surveys and moving.
- Home costsMortgage, repairs, Council Tax, utilities, insurance and broadband.
- Property-specific costsService charges, renovation and furnishing depend on the home.
Sources
MoneyHelper buying and moving costs · Calculator assumptions