The above tool is particularly helpful for those remortgaging, who would like to see the effects their new rates would have on your monthly repayments. Also, for those who would like to compare different rates available for similar products, for example, those available from the same lender, but with and without upfront mortgage application fees.
By entering the loan amount and both existing and new interest rates, you can gain an insight into your new monthly repayment amount and how that will affect your monthly household budgets.
If comparing rates for similar products, such as those from the same lender, but with fees vs no fees, please add half the fee to the loan amount and enter the interest rates with and without fees – this won’t be exact but will still be a good indication of effect of the effect of paying fees for a lower rate.
Please call us on 01252 403 245, or complete the form here, providing a brief outline of your enquiry and we will reach out to you to arrange a friendly and informal, no obligations consultation to understand your enquiry further.
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