Do you go for a 2, 3, or 5 year mortgage? Is it worth paying a 0.1% cheaper rate if the fee is higher? Often it’s difficult to see what’s the best value. This tool will give you the necessary information to give an even playing field to do a cost comparison. The only thing to remember is that if you do choose a shorter term deal, you’re likely to have to pay another arrangement fee to take a new one.
Enter the details of the two mortgages you want to compare and see how the annual cost compares with each other.
If you need more in depth information, the calculator also outputs a prompt for you to type into a ChatGPT or Gemini.
