Shared Ownership Calculator
Estimate your monthly costs
Use our calculator to get an idea of what your monthly costs could look like when buying through shared ownership.
This is only a guide and doesn’t confirm whether you qualify or can afford a home. Your final costs will depend on your personal circumstances, mortgage offer, rent rate, service charge and legal advice.
Enter the
property details
Enter the property value and the
share you’re thinking of buying.
Rent is paid on
the remaining share
This is the part of the
home you’re not buying yet.
Get an idea of
what you’ll pay
See an estimate of your monthly
costs based on the details you enter.
Discalimer. The figures and estimates shown in this calculator should not be relied on as confirmation of affordability and should only be used as an indicative guide to monthly costs. The monthly rental cost is based on 2.75% on the retained equity (subject to change please ask your sales agent). This will usually increase by the annual rate of RPI. The monthly mortgage cost is based on a Variable Rate Mortgage at 4.75% over a 30-year repayment loan. Actual mortgage rate and costs will be dependent on your individual circumstances. Other costs will apply such as service charge. OX Place is not authorised or regulated by the Financial Conduct Authority to provide financial advice. You should always seek advice and recommendations from an independent financial advisor regarding mortgage products, affordability, interest rates, repayment methods and terms and conditions. You should also seek independent legal advice. Your home may be repossessed if you do not keep up payments on a mortgage or any other loan secured against it.
We’re here to help
Whether it’s about shared ownership or a specific home, we’re here to help. Take a look around or get in touch with the team.