Work out how much you can afford to borrow and what your monthly repayments will be with our investment backed remortgage bad credit calculator. Fresh Start Finance scours the whole of the market for low interest remortgage deals for UK homeowners – even if you have a bad credit history (arrears, bankruptcy, CCJs or defaults). Our calculator can help you make sure that you don’t overstretch your budget. Call us now on 0800 389 6345 for an immediate quote. Like interest only remortgages with this type of deal you only pay off the interest each month. The money that would have gone on paying off the capital is put into an investment plan such as an ISA. At the end of the remortgage term you pay off the borrowed sum and hopefully have cash left over from your investments.
As with any type of secured loan it’s important to ensure that you can afford your repayments or you run the risk of losing your home. Our calculator can help you make sure that you don’t overstretch your finances.
Simply type in your required amount and the repayment term, then press the calculate button. Our calculator will let you know what your monthly repayments will be. For an exact quote, call us on 0800 389 6345.
There is a higher risk associated with this repayment method because they depend on you putting aside enough money and making enough returns to pay off the capital. However, although endowment remortgages have come in for some criticism in recent years as the stock market has slowed, investment backed remortgages can still be a very good option. For example, a scheme that pays into a pension plan can be a useful way to save and enjoy associated tax breaks.
Use our investment backed remortgage bad credit calculator
Or phone now for an instant decision on 0800 389 6345. Our friendly, experienced team are waiting to take your call!
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Investment backed
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