How is an Islamic or halal mortgage payment calculated?

We estimate it using standard repayment-style amortisation at the provider published initial rate, applied identically to every product so they can be compared on one basis. The contracts underneath differ: a Home Purchase Plan payment combines rent on the share you do not yet own with an amount buying more of that share, while a commodity murabaha repays a deferred sale price. No provider’s contractual schedule is reproduced here, so treat every figure as a modelled estimate rather than a quote.

Does this calculator include fees?

Yes. It uses the product fee and application fee published against each specific product, including percentage fees where a provider charges one. It excludes 18 products whose fees are negotiated or unpublished, because a cost we can stand behind cannot be calculated without them.

Why does the total cover only a few years rather than the full term?

Because a published initial rate applies for a fixed period, not the whole term. After it ends the contractual rate can change; where a provider publishes the follow-on basis we show it, and where it does not we do not invent one. We also price every product over the same window rather than its own, because a one-off fee spread across more months always makes a longer product look cheaper than it is.

Why do some providers disappear when I change my deposit?

Every product has a maximum finance-to-value and a minimum and maximum finance amount. When your figures fall outside those, the product is not available to you, so we remove it rather than showing a price you could not get.

Why can I not compare a variable rate directly with a fixed rate?

Because they are not the same promise. A fixed rate is guaranteed for its period, so a cost over that period is a real number. A variable rate can move at any time, so the same arithmetic would present a projection as though it were a price. We compare fixed against fixed of the same length, and show variable products on their own with today rate and a plain warning that it can change.

Is a halal mortgage calculator different from an Islamic mortgage calculator?

Islamic mortgage and halal mortgage are search terms for the same broad category, and this tool serves both. A Home Purchase Plan is one specific regulated structure within that category, and the mainstream products priced here are HPPs; some specialist products use other Sharia-compliant structures. What every one shares is that the published figure is not interest on a loan, and this page prices the published products rather than a generic formula.

How much can I borrow with an Islamic mortgage?

This tool deliberately does not answer that. Affordability is assessed by the provider on your income, outgoings and credit history, and no published formula reproduces it. What we can test is the published entry criteria: deposit tier, finance limits, property location and type. Passing every filter here means the products shown publish terms compatible with your figures, not that a provider will lend to you.

Are my figures stored?

Not by us. The calculation runs in your browser and nothing you type is sent to us or to anyone else. Your browser itself holds your selections in session storage for this sitting, so the eligibility checker can pick up where you left off; that store empties when the browsing session ends, is never transmitted, and is not an account or a customer record. The details are on our privacy page.

Islamic mortgage calculator

Enter your figures and this prices them against 46 published products from 3 UK providers, with each product's own fees attached. It runs in your browser and your figures are never sent to us. Your selections are held briefly in your browser's own session storage so they can carry into the eligibility checker, as described on our privacy page, and are not used to contact you.

Islamic mortgage and halal mortgage describe the same products, so this works as a halal mortgage calculator too. The mainstream UK-resident products here are regulated Home Purchase Plans; some specialist propositions in the same universe use other Sharia-compliant structures, such as commodity murabaha.

Your figures

Property price £ Deposit £

Term years

You are

UK resident British expat International

You are

Buying Remortgaging

Where is the property?

England Wales Scotland N. Ireland

Property type

Deposit tiers often differ by property type. Until you choose, we apply only the limits that hold for every type.

Property EPC rating

Not sure A or B C or below

Some products need an A or B rating. We leave those out until you confirm it.

Compare

Two-year fixed Five-year fixed Variable

Fixed and variable products are not ranked against each other. A variable rate can move, so a two-year cost for one is not comparable with a fixed one.

Free. No signup. Your figures are never sent to us; your browser holds them for this sitting only, so the eligibility checker can carry them over. How that storage works

LOWEST MODELLED MONTHLY PAYMENT ON PUBLISHED RATES –

Products matching these filters

Products available on the figures entered, cheapest first, with fees and total cost over each product's own fixed period
Product	Rate	Modelled monthly	Fees	Modelled payments + provider fees

Illustrative estimate on published initial rates, not a quote or an offer. Your actual terms depend on affordability, credit history and the property, and are decided by the provider. This is research, not advice. When you want advice, the right person is an FCA-authorised specialist.

How this calculator works

We checked every provider's published rates, and this tool takes every product we hold with a verified rate, removes the products your entered filters rule out, and prices the rest using that product's own rate and its own fees. Whether you qualify is a different question, assessed by the provider; the eligibility checker tests the published criteria. It never pairs a rate from one product with a fee from another, and it never shows a total covering more months than the product actually fixes.

The payment: Standard amortisation on the amount financed, at the product's initial rate, over the term you enter.
The fees: The product fee and application fee published against that specific product. Percentage fees are calculated on your finance amount, including any stated minimum.
The comparison: Every eligible product is priced over one common window: the shortest fixed period among them. Pricing each over its own period would reward the longest product, because a one-off fee spread over more months always looks cheaper.
The total: Payments at the initial rate over that window, plus the product's fees. Never the full term, because a published initial rate does not last the full term.
The filters: Customer type, purchase or remortgage, deposit tier, finance limits, property nation, property type where it changes the tier, and the EPC requirement on energy-efficient products. Everything else, including affordability and credit history, is assessed by the provider.
Not included: Legal fees, valuation fees, stamp duty, settlement or transfer charges, and any broker fee. This tool compares provider pricing, not the full cost of moving.
The exclusions: 18 products whose fees are negotiated or unpublished, and 1 mainstream provider whose rate we could not verify.

Rates were checked on 6 August 2026. Rate review interval is 14 days. Read the methodology · See what has changed

Tell us what the published data could not answer

Everything above comes from what providers publish. Whether a provider will actually take you depends on affordability, credit history and the property itself, and on criteria nobody prints. Tell us what you are stuck on and we will come back to you.

You have priced the products your figures reach. What no calculator can tell you is whether a provider will take you.

What actually moves an Islamic mortgage payment

Four inputs decide most of the difference between two results in this tool, and they are not equally visible in a headline rate. Knowing which one is doing the work tells you what to change, and what a broker or provider conversation should focus on.

The deposit tier: Providers price each finance-to-value tier separately, and crossing a tier can change both the rate and the fee at once. In some current bands the step between tiers is larger than the gap between providers inside one, which you can test here by moving the deposit slider across a boundary and watching the whole table reprice.
The fee against the amount financed: A flat fee weighs more heavily on a smaller amount of finance. On a modest purchase, a product with a lower rate and a higher fee can cost more over the fixed period than the reverse, which is why this tool ranks by modelled cost over the window rather than by rate.
The fixed window: A two-year and a five-year product are different promises, and a one-off fee spread over more months always flatters the longer one. Every comparison here prices over one common window for that reason, and a total is never shown past the period the rate actually holds.
Conditions on the product: The cheapest products in the current market carry conditions: an energy rating, a purchase-only restriction, a finance range. This tool asks for those inputs and removes what your answers rule out, with the reason stated, rather than showing a price you could not get.

Where a provider publishes a follow-on rate we show it against the result; where it does not, we say so rather than invent one. We never project payments beyond the comparison window. Current rates, with every condition attached

Where the numbers come from

Every rate and fee in this tool is read from a provider's own published rate card or product page, recorded with the date we read it. Nothing is estimated, averaged or carried over from an older capture, and a product whose fee is unpublished is excluded rather than guessed at.

Gatehouse Bank

Current HPP products for intermediaries accessed 6 August 2026

Offa

Current HPP products accessed 6 August 2026
HPP rate card 2026 accessed 6 August 2026

Nomo by BLME

Current products and rates accessed 6 August 2026

Questions this calculator raises

How is an Islamic or halal mortgage payment calculated?: We estimate it using standard repayment-style amortisation at the provider published initial rate, applied identically to every product so they can be compared on one basis. The contracts underneath differ: a Home Purchase Plan payment combines rent on the share you do not yet own with an amount buying more of that share, while a commodity murabaha repays a deferred sale price. No provider’s contractual schedule is reproduced here, so treat every figure as a modelled estimate rather than a quote.
Does this calculator include fees?: Yes. It uses the product fee and application fee published against each specific product, including percentage fees where a provider charges one. It excludes 18 products whose fees are negotiated or unpublished, because a cost we can stand behind cannot be calculated without them.
Why does the total cover only a few years rather than the full term?: Because a published initial rate applies for a fixed period, not the whole term. After it ends the contractual rate can change; where a provider publishes the follow-on basis we show it, and where it does not we do not invent one. We also price every product over the same window rather than its own, because a one-off fee spread across more months always makes a longer product look cheaper than it is.
Why do some providers disappear when I change my deposit?: Every product has a maximum finance-to-value and a minimum and maximum finance amount. When your figures fall outside those, the product is not available to you, so we remove it rather than showing a price you could not get.
Why can I not compare a variable rate directly with a fixed rate?: Because they are not the same promise. A fixed rate is guaranteed for its period, so a cost over that period is a real number. A variable rate can move at any time, so the same arithmetic would present a projection as though it were a price. We compare fixed against fixed of the same length, and show variable products on their own with today rate and a plain warning that it can change.
Is a halal mortgage calculator different from an Islamic mortgage calculator?: Islamic mortgage and halal mortgage are search terms for the same broad category, and this tool serves both. A Home Purchase Plan is one specific regulated structure within that category, and the mainstream products priced here are HPPs; some specialist products use other Sharia-compliant structures. What every one shares is that the published figure is not interest on a loan, and this page prices the published products rather than a generic formula.
How much can I borrow with an Islamic mortgage?: This tool deliberately does not answer that. Affordability is assessed by the provider on your income, outgoings and credit history, and no published formula reproduces it. What we can test is the published entry criteria: deposit tier, finance limits, property location and type. Passing every filter here means the products shown publish terms compatible with your figures, not that a provider will lend to you.
Are my figures stored?: Not by us. The calculation runs in your browser and nothing you type is sent to us or to anyone else. Your browser itself holds your selections in session storage for this sitting, so the eligibility checker can pick up where you left off; that store empties when the browsing session ends, is never transmitted, and is not an account or a customer record. The details are on our privacy page.