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Global Macro Specialist

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Candid Calculator

Mortgage payment protection insurance (MPPI) can be ridiculouly expensive. If you feel that you need cover then shopping around could save you a fortune, as this calculator could show you. Get a quote to compare to your mortgage provider's and type in the figures.

Mortgage PPI Calculator
Mortgage size £
Annual interest rate (actual rate, not APR) ? %
Mortgage length years
Mortgage type
Mortgage provider's payment protection quote ? £ per £100 monthly cover
Alternative payment protection quote ? £ per £100 monthly cover

Assumes interest rate fixed throughout, in practice it could vary. Interest calculated monthly by dividing the actual interest rate by 12, as is common practice with many lenders.

Calculations are estimates provided for illustrative purposes only. Candid Money Limited accepts no liability whatsoever for their subsequent use.

Go to Calculators Homepage.