See your mortgage in Monzo
Connect a mortgage from any lender to your Monzo account in 60 seconds. Make monthly progress on what you own, see the impact of overpaying and get insights that could save you thousands.
You'll need a Monzo account to use this feature. UK residents only. Ts&Cs apply.
Your mortgage, demystified
See your progress
Find out what you own, not just what you owe month by month. Updated automatically every month.
Plan ahead
Get a straightforward view of your mortgage, including reminders for when your deal is up.
Pay less interest
Get insights that could save you thousands over the long term and help you be mortgage free faster.
Connect in 60 seconds
Connect your mortgage in a few taps. No details needed, no fuss.
We get your mortgage information from credit reference agency TransUnion.
Tailored help at your fingertips
Our overpayment calculator shows you the impact of making regular or one-off overpayments.
You’ll also get insights that could save you thousands over the long term – totally tailored to you.
Be remortgage-ready
Our interest rate change calculator shows you what a change in interest rate could mean for your monthly payment. So you can take out the guesswork.
See what you own month by month
Not just what you owe. Find out your equity and how much your home could be worth.
We update you monthly so you always know where you’re at, without the hassle of using an equity calculator or working it out yourself.
Tools for every stage as a homeowner
Bought your first home
If you’ve just got onto the property ladder, we can help.
Understand the ins and outs of your new mortgage. Learn about overpayments and use our calculator to see if you can save.
Just keeping track
Mid-term on your mortgage deal and just want visibility? We can help there too.
Keep tabs on your home’s value, check your equity and get updates when things change. Plus, learn how to get a better rate if you remortgage.
Remortgaging soon
Our interest rate change calculator shows you what a change in interest rate could mean for your monthly payment. So you can take out the guesswork.
Connect your mortgage in 60 seconds
1. Open Monzo
In the app, tap ‘+’ in the top right and then ‘Add mortgage'.
2. Add mortgage
Follow the steps – we'll find your mortgage information from TransUnion.
3. See equity
You can also see how much your home is worth.
Frequently asked questions
What’s equity?
Equity is the value of your home, minus what’s left to pay on your mortgage.
Your equity increases if the value of your home increases and as you pay off your mortgage. It can also go down if the value of your home goes down.
You can use your equity as a deposit to put towards your next home.
What’s loan to value?
Loan to value (or LTV) is how much you’ve borrowed from your mortgage lender to buy your home, compared with its value. Lenders use LTV and equity when deciding what interest rate to offer you. The lower the interest rate, the less you have to pay back.
Lenders divide their interest rates into loan to value bands. The lowest band tends to be 60% and it goes up in 5% increments to 95% LTV. Being part of a lower band usually means lower interest rates.
How does overpaying work?
Overpaying is when you pay more towards your mortgage than what you agreed with your lender. If you want to overpay, you can make a one-off lump sum or a regular extra payment each month.
There might be limits on how much you can overpay so it’s best to check your options with your lender. You can usually overpay by 10% of your outstanding balance a year. If you overpay more, you might be charged a fee.
Don’t have a Monzo account yet?
You can apply for a free current account in 10 minutes.
