FREE Whole of Market Advice
Though deals vary from lender to lender, First Mortgage’s calculator can give you a good idea of how much you will need to repay each month. We search the whole of the market for the best deals - and we won’t charge you a thing for our service. Use our capital raising remortgage calculator to find the best repayment option.
What is a capital raising remortgage?
There are times when everyone needs a little extra cash. Whether for home improvements, a new car, debt consolidation or even a dream holiday, you can raise capital on your home by taking out a remortgage. Interest rates are generally lower on a mortgage than with an unsecured loan, so it’s often more cost effective to borrow money against your home. Our capital raising remortgage calculator can help you work out how much your monthly repayments could be.
Using the capital raising remortgage calculator...
Simply input your mortgage amount, the interest rate and your repayment term - then press the calculate button. Our capital raising remortgage calculator can give you a good idea of how much you can afford to borrow. For a complete quote call us on 0845 603 1525 or click here.
Though this type of deal is very useful for a wide variety of people, they’re not the best choice for everyone. Borrowing more money on your home means increased monthly payments, a longer term and therefore more interest in the long run. However, as interest rates are usually lower than with an unsecured loan, you might find that this is the best way to raise cash. You might also want to consider a 100%, 125% or a debt consolidation deal.
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First Mortgage, the UK’s specialists in sourcing mortgages, remortgages and protection plans, are actively encouraging clients in Scotland (...)
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