Tools · England · New-build

What would Your First Home cost you?

Enter the price and the rates you've been quoted. We show the monthly payment against a 95% mortgage, the cash you need on day one, and the number most buyers aren't told: what the equity loan costs to repay when you sell.

Property price (new-build, England)

Price caps apply by area — see the guide.

Your deposit

Minimum 2.5%.

Government equity loan

The scheme lends 20%.

Mortgage rate (scheme)

Enter the rate you've been quoted.

Term (years)

Rate on a 95% mortgage

For comparison — the rate you'd get with a 5% deposit.

Years until you sell

Under the scheme

Monthly mortgage payment

—

enter your mortgage rate to see this

At sale

What you'd hand back on the equity loan

This is a guide, not financial advice. We don't recommend mortgages or lenders — enter the rates you've been quoted. The mortgage figures assume a repayment mortgage at a constant rate for the whole term; your rate changes when each deal ends. The equity-loan figures follow the published scheme rules as at 29 October 2026, which may change before applications open. Stamp duty and fees are not included — check them with our stamp duty calculator. Read the full Your First Home guide.