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Preview a dated summary of your inputs, results and assumptions. Nothing is sent to Jack.
Compares interest plus the product fee, accounting for the remaining balance at the end of the period. Assumes repayment loans and constant rates. Excludes adviser, legal, valuation and exit charges, cashback and rate changes. A financed fee also incurs interest.
Calculated on your device. The figures you enter are not sent to Jack. A lender or insurer may calculate costs differently.
Compare the same mortgage amount, remaining term and comparison period. A lower rate with a fee needs to save enough to cover that fee and, if it is added to the loan, the extra interest charged on it.
The comparison accounts for the balance still owed at the end of the period. It assumes Deal B has no product fee. Add any excluded legal, valuation, adviser and exit costs, and account for cashback, before making a real decision.
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