Mortgage Comparison Calculator
Compare different mortgage deals and their total costs with our professional UK mortgage comparison calculator. This advanced tool helps you analyze multiple mortgage offers side-by-side, comparing monthly payments, product fees, and total costs over the mortgage term to identify the most cost-effective option for your circumstances. Whether you're comparing deals from different lenders, evaluating fixed vs variable rates, or assessing the impact of product fees on overall costs, our comparison calculator provides detailed analysis to help you make informed decisions. Use alongside our affordability calculator to ensure you can comfortably afford your chosen deal and our repayment calculator to explore different terms and payment structures for optimal mortgage selection and financial planning.
Compare Mortgage Deals
Comparison Results
Deal 1 Monthly Payment
£0
Deal 2 Monthly Payment
£0
Monthly Difference
£0
Total Cost Difference
£0
UK Mortgage Comparison Methodology
Professional comparison analysis using industry-standard calculations:
- Monthly payment calculation: Uses standard PMT formula with loan amount, interest rate, and term for accurate payment comparison
- Product fee integration: Adds arrangement fees, booking fees, and completion fees to total cost analysis
- Total cost analysis: Combines all monthly payments over the full term plus upfront fees for comprehensive cost comparison
- Difference calculation: Shows monthly and total cost differences to identify the most cost-effective deal
- UK standards: Calculations follow UK mortgage industry standards for accurate deal comparison
- True cost assessment: Considers both interest costs and fees to provide realistic total cost comparison
Professional tip: Use our stress test calculator to ensure you can afford your chosen deal under different interest rate scenarios.
Frequently Asked Questions
Essential information about comparing mortgage deals
What should I consider when comparing mortgages?
Consider the interest rate, product fees, early repayment charges, flexibility, and any special features. Also look at the total cost over the full term, not just the monthly payment.
What is a product fee?
A product fee is a charge from the lender for arranging the mortgage. It can be paid upfront or added to the loan. Some deals have no fee but higher interest rates.
Should I choose a deal with a lower rate or lower fee?
It depends on your loan amount and how long you plan to keep the mortgage. For larger loans or longer terms, a lower rate usually works out cheaper. For smaller loans or shorter terms, a lower fee might be better.