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  3. Ditch your fix

Ultimate Mortgage Calculator

8 calculators to compare mortgages, from ditching your fix to saving for a deposit

Ditch your fix

This calculator is designed to tell you if it’s worth paying to ditch your current fixed mortgage deal and switch to a new fix at a lower rate. However, with interest rates rising, it’s unlikely you’d be able to find a lower fixed rate than the one you’re currently on – meaning paying to ditch comes with extra risks. If you’re thinking about moving to a different mortgage because your current fixed rate is coming to an end, or because you want to lock in today’s fixed rate, then use our compare two mortgages calculator to see the difference in monthly payments and costs.

Early repayment charge (ERC)
Add ERC to new mortgage
New lender paying valuation/legal costs

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IMPORTANT! Please read...

This information is computer generated. The results are rounded and rely on certain assumptions. This calculator is a ready reckoner that's been designed to give a useful general indication of costs.

It's important you always get a specific quote from the lender and double-check the price yourself before acting on the information. We cannot accept responsibility for any errors.

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