In this paper, mechanical experiments with a low-cost interferometry set-up are presented. The set-up is suitable for an undergraduate laboratory where optical equipment is absent. The arrangement consists of two planes of illumination, allowing the measurement of the two perpendicular in-plane displacement directions. An axial load was applied to three different metals, and the longitudinal and transversal displacements were measured sequentially. A digital camera was used to acquire the images of the different states of the load of the illuminated area. A personal computer was used to perform the digital subtraction of the images to obtain the fringe correlations, which are needed to calculate the displacements. Finally, Young's modulus and Poisson's ratio of the metals were calculated using the displacement data.