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Compare your current monthly housing costs with a user-entered staircasing plan.
Estimated monthly housing cost after staircasing
Editable sample£1,353.73 / month
Compared with the current £1,193.00/month, the modelled change is £160.73 more each month for an additional 15 percentage points.
Additional share price: £45,000.00; entered cash applied: £5,000.00; illustrative new borrowing: £40,000.00.
Edit inputs| Cost | Current | After estimate |
|---|---|---|
| Mortgage payment | £600.00 | £863.98 |
| Rent on unsold share | £413.00 | £309.75 |
| Service and other charges | £180.00 | £180.00 |
| Monthly total | £1,193.00 | £1,353.73 |
The added mortgage payment uses a repayment formula on the extra borrowing only. It does not refinance your existing mortgage.
The rent after staircasing is estimated in proportion to the remaining unsold share. Your actual rent review, valuation, service-charge allocation, lease, mortgage offer and staircasing fees may produce a different result.
The total excludes one-off valuation, legal, lender and landlord administration fees, buildings insurance and major repairs unless you include recurring costs in the charges field.
The shared URL contains the property and cost figures you entered. Avoid sharing it if you want to keep those figures private.
This planner keeps your current mortgage payment, rent and charges separate. It estimates the price of the extra share from the property value you enter, then applies your cash amount and a user-entered rate and term to any additional borrowing.
The rent comparison assumes rent changes in proportion to the unsold share. Replace that estimate with the revised rent and mortgage offer from your landlord and lender. For the terms, fee types and staircasing steps to check, read the Shared Ownership costs guide.
Lease terms, rent reviews, available staircasing options and charges vary. Use your landlord’s offer and the lease for a property-specific figure.