Cheers. I've tried with this one and am getting a rough sense. Hadn't considered the bearing of interest rate, so will need to see what sort of low fixed rate offers are available.
Edit: Seems as though my current lender's terms are up to 35 years, so I can use the calculator to figure out my rate tolerance.
Might be better off just absorbing the repayment penalty and getting a brand new mortgage at the best available terms that also includes the additional borrowing I want. Is that a thing? As in, can I negotiate a cash amount to be provided on taking out the mortgage?
Cheers. I've tried with this one and am getting a rough sense. Hadn't considered the bearing of interest rate, so will need to see what sort of low fixed rate offers are available.
https://www.nationwide.co.uk/products/mortgages/our-mortgages/mortgage-calculators/mortgage-payments
Edit: Seems as though my current lender's terms are up to 35 years, so I can use the calculator to figure out my rate tolerance.
Might be better off just absorbing the repayment penalty and getting a brand new mortgage at the best available terms that also includes the additional borrowing I want. Is that a thing? As in, can I negotiate a cash amount to be provided on taking out the mortgage?