Remortgage types > Divorce remortgages > Divorce and remortgages calculator

Divorce and remortgages calculator

Lowest payment guaranteed

Work out how much you can afford to borrow with our divorce remortgage calculator. 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 divorce remortgage calculator to find the best repayment option. If you find a better deal - we’ll happily match it, AND pay double the difference for the first year!

Use our divorce remortgage calculator

Why get a divorce remortgage?

It’s a sad fact that around 40% of marriages end in divorce. During a divorce it’s important to establish how the mortgage payments will be kept up, but also how to remortgage to suit both parties. As circumstances change, one partner may want to leave a shared house while the other wants to stay on. Specialist divorce remortgages can help you arrange this, drawing up fair deals for both parties. A divorce remortgage also helps you to factor in other legal details and help avoid missed payments or financial problems.

Using the divorce remortgage calculator

Simply type in your remortgage amount, interest and mortgage term, and then press the calculate button. Our divorce and remortgages calculator can tell you how much the monthly repayments are likely to be. You may also want to consider the different repayment options:

- Repayment remortgage. This is the most popular method of repayment. Your monthly repayment pays off the interest owed and a part of the initial capital borrowed.

- Interest only remortgage. With these deals you only pay off the interest owed each month, so you can put your money into other investments. You will need to pay off the entire mortgage at the end of the agreed term.

- Investment backed. This is very similar to an interest-only remortgage, except that you agree to invest the money saved in a policy such as an equity plan etc.

- Part and part. You can combine both interest only and repayment mortgages, usually for a set period each for the duration of the mortgage.

Use the divorce remortgage calculator

Call us on 0845 603 1525 for a no-obligation talk with one of our friendly and experienced team. We are more than happy to help you choose the best option and guide you on how to use the divorce remortgage calculator.



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