Shared Ownership Mortgage Calculator
Your Estimated Payments
Monthly Payment: $0
Total Interest Paid: $0
Total Mortgage Cost: $0
Understanding Shared Ownership Mortgages
Our Shared Ownership Mortgage Calculator helps potential homebuyers in the USA estimate monthly payments for partial property ownership arrangements. This innovative approach to homeownership allows you to purchase between 25-75% of a property while paying rent on the remaining share.
How It Works
- Enter the total property market price
- Select your desired ownership percentage
- Input your available deposit amount
- Add current mortgage interest rates
- Choose your repayment term length
Frequently Asked Questions
What is shared ownership?
Shared ownership lets you buy a portion of a property (typically 25-75%) while paying rent on the remaining share, making homeownership more accessible.
Can I buy more shares later?
Most schemes allow “staircasing” – purchasing additional shares over time until you own the property outright.
Is shared ownership right for me?
This option helps first-time buyers enter the housing market, particularly in high-cost areas. Use our calculator to compare costs with traditional mortgages.
Why Use Our Calculator?
This tool accounts for both mortgage payments and rental costs on the unowned portion, providing a comprehensive view of monthly housing expenses. We factor in current average interest rates and typical mortgage terms to ensure accurate estimates.
Munna Bhai
Digital Marketer/ Web App Developer & FB/Instagram Ads Expert