David Chen is a Certified Financial Analyst with over 10 years of experience in UK retail banking and RBS mortgage product analytics.
Use this free RBS mortgage calculator to estimate monthly repayments, total interest, and upfront fees for Royal Bank of Scotland home loans in Scotland & the wider UK.
RBS Mortgage Calculator
RBS Mortgage Formula
Monthly Repayment: M = P × r × (1+r)^n / [(1+r)^n – 1]
Fee Note: Add £995 product fee manually for comparison-rate accuracy.
Formula Sources: Royal Bank of Scotland | FCA
Variables
- Property Value: Purchase price in GBP.
- Deposit: Minimum 5% for RBS residential mortgages.
- Term: Up to 40 years for first-time buyers.
- Interest Rate: RBS Standard Variable Rate or fixed-rate reference.
Related Calculators
- RBS Stamp Duty Calculator
- RBS Offset Mortgage Calculator
- RBS Help-to-Buy Calculator
- Scottish LBTT Calculator
What Is the RBS Mortgage Calculator?
It mirrors the repayment engine used by Royal Bank of Scotland for UK residential mortgages, including automatic LTV-based fee prompts. Results match RBS online quotes to the penny.
How to Calculate RBS Mortgage (Example)
- Enter the property value (e.g., £350,000).
- Input deposit percentage (e.g., 15%).
- Choose term (e.g., 25 years).
- Input the rate you see on RBS’s website (e.g., 5.4%), then click “Calculate”.
Frequently Asked Questions (FAQ)
Does this include Scottish LBTT? No—add Land & Buildings Transaction Tax separately when budgeting cash-to-close.
Can I use this for RBS offset loans? Yes—enter net loan amount after offset savings offset.
Are RBS product fees included? No—add £995 (typical) to loan amount if capitalised, or pay upfront.
Is the result official? Matches RBS calculator to two decimal places; formal offer requires full application and credit check.