Work out how much you can afford to borrow and what your monthly repayments will be with our part and part 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. With this type of deal you can split your remortgage payments methods – part capital and interest, and part interest only. This is a great way to enjoy the benefits of each type, while minimising the drawbacks of both. For example, with a full interest only remortgage there is risk that you may not make enough to pay off the sum at the end of the term. With a standard capital and interest remortgage you will have higher monthly fees. However, with a part and part deal you reduce the downside of each deal.
As with all forms of secured loan it’s important to ensure that you can afford the repayments. Our calculator can help you work out how much you can borrow without putting a strain on 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.
You can choose what percentage of the loan you would like to pay off under each type of repayment plan. For example, a remortgage loan may be £150,000. You might choose to pay £100,000 as a repayment remortgage and £50,000 as an interest only deal.
Use Fresh Start Finance’s part and part remortgage calculator
Phone now for an instant decision on 0800 389 6345. Our team is on hand to answer any questions that you may have and help you find the best value deal on the market.
Remortgage types - Fresh Start Finance
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Part and part
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