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Family Mortgage – What would your repayments be?

The Family Mortgage allows you to combine a 5% deposit with assets from your family to buy a place of your own.

Use our calculator to give you an idea of what your monthly repayments would be with our Family Mortgage on either a three or five year fixed rate.

Key points to keep in mind

  • For the Family Mortgage you must have at least a 5% deposit.
  • The assets your family contribute to the mortgage must bring the total deposit up to 25%.
  • You can have up to 12 family members contribute to additional security with the Family Mortgage.
  • You can use any combination of the three additional security options to bring your total deposit up to 25%.

Property value:


Deposit (this must be at least 5% of the property value):


Mortgage term (years):


In which region are you looking to purchase a property?


Additonal security

The results from our calculator are for illustrative purposes only. It is not a mortgage offer or guarantee of receiving a mortgage offer. Before a mortgage offer is issued, a full mortgage application must be submitted. This will be assessed for evidence of affordability and underwritten, ensuring our lending criteria are met.

Representative example

A mortgage of £167,760.00 payable over 32 years initially on a fixed rate for 5 years at 3.64% and then on our variable Managed Mortgage Rate, currently 4.39%, for the remaining 26 years and 9 months would require 63 monthly payments of £740.22 and 321 monthly payments of £803.13 plus one initial interest payment of £518.81.

The total amount payable would be £305,831.40 made up of the loan amount plus interest of £137,197.40 and an Application Fee of £175, Product Fee of £599 and a Mortgage Exit Fee of £100.

The overall cost for comparison is 3.9% APRC representative.

Return to Family Mortgage home page. 

The mortgage will be secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage.


Are you getting help from family members to get your mortgage?

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Call Us On
03332 228 257       
Family Building Society
Ebbisham House
30 Church Street
Surrey KT17 4NL
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