Our Mortgage Switching Calculator is essential for anyone considering changing their mortgage. It helps evaluate the benefits and costs of switching to a different mortgage plan, including potential savings on interest and fees, empowering clients to make informed refinancing decisions.
Life-of-loan saving compares total repayments plus switching costs over each loan's own term — a shorter new term will show a larger saving partly because it pays off faster.
The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you get in touch with us before taking out a loan so that we can provide you with advice that is tailored to your situation.