Mortgage calculator - can I change my mortgage lender if I have Early Repayment Charges?

Sometimes it can work out worthwhile to remortgage, even though you have an Early Repayment Charge to pay.  By switching to a new mortgage deal, you could lower your monthly mortgage payments and so justify paying the Early Repayment Charge.  This calculator will work out the interest rate you would need to be paying in order to make remortgaging beneficial.

Can I change my mortgage lender if I have early repayment charges?
Current mortgage
Current balance £
Current interest rate %
Early repayment charge
What is the early repayment charge you have to pay?
How long until the charge ends? yrs
mths
Do you want to add this charge to your new mortgage?
calculate
Mortgage calculator results

Based on the information you provided, the early repayment mortgage calculator has been able to make the following assessment:

This mortgage calculator is here to help you form a basic picture about your situation. To get the whole picture, we recommend that you speak to one of our expert mortgage advisers. Why not call our Freephone number now, or use our online mortgage enquiry form to make an appointment for us to call you?

phone For Free Mortgage Advice Book a Call Back:
Your preferred time:
Your name:
Your preferred telephone number:
Your other telephone number:
Your email address: