Mortgage & Remortgage Comparison Calculator - UK

Compare mortgages instantly with our mortgage comparison tool. We search the whole market in seconds to find your best mortgage rate based on your circumstances.

Why Habito?

Habito is the UK’s free online mortgage broker. We’ve helped over 125,000 people on their way to securing a mortgage.

Our smart technology looks at your individual circumstances and scans the whole market to find you the best mortgage from over 90 lenders and 20,000 products. All for free.

Our process is all online so you can sort your mortgage wherever and whenever you want, freeing you up to spend time on what matters most.

And there’s no catch! We get paid by the lender so won’t charge you a penny.

FCA authorised
Trusted by over 150,000
No surprise credit checks
Completely free
What happens next?

About you
This should take around 15 minutes and you can complete this at any time.
Have a chat
A quick live-chat with our mortgage experts will allow us to get a personalised quote to you.
We handle it
We take care of all lender communication and will keep you updated every step of the way.
FAQs

Whether you’re looking to secure a new mortgage or save on a remortgage, our mortgage comparison tool lets you adjust all of life’s variables – from how much deposit you want to put down to how many years you want the loan to run for.

Once you’ve typed in a few details, our super-smart technology will produce a fast, free, fully personalised snapshot of the best mortgage deal for your circumstances so you can compare all the options.

Of course, even our advanced comparison tool can’t actually give you a final decision on your eligibility for a loan. But don’t worry – that’s where Habito’s friendly human experts come in. They’ll guide you all the way to homeowner happiness.

Our mortgage comparison tool covers the whole UK mortgage market, which adds up to about 20,000 products from some 90 different lenders. So whether you’re after a loan for a studio flat or a stately home, there’s no need to worry about missing out on the best deal!

The vast majority of home loans these days are repayment, where the loan covers a percentage of the purchase price and you have to pay the rest up front (the deposit). You then repay the loan to the lender over a number of years (usually 25), with added interest on top.

You can also apply for an interest-only mortgage, where you’re just paying off the interest on your loan each month rather than eating into the loan amount itself. This means your monthly repayments are lower, but you still have to pay back the original loan amount in full at the end of the agreement.

Don’t worry, it’s easy! You simply need to choose what type of buyer you are (first-timer, home-mover or remortgager), what your combined income is and how much money you have to put down for a deposit and fees such as stamp duty.

If you want to personalise things even more, you can adjust things such as term length, whether the rate is fixed or variable, and if you want a repayment or interest-only mortgage.

Finally, as it’s a comparison tool you can move the figures up and down as much as you want to see the effects of putting down a larger deposit, for instance (remember, the biggest factor when it comes to which mortgage rate you can get is the size of your deposit – the percentage of the property’s overall value you can afford to put down as a lump sum).

When you’re comparing mortgages, it’s important to look beyond the headline rate and take into account the various charges as well. On top of stamp duty, there are a raft of possible add-ons to factor in such as arrangement fees, valuation fees, legal fees and booking fees.

The list can seem endless, especially when you’re a first-time buyer on a super-tight budget. That’s why our mortgage comparison tool takes into account all these extra fees to help give you a more informed idea about what repayments you can realistically manage.

Oh, and one extra you haven’t got to worry about with Habito is a broker fee – because our service won’t cost you a penny.

Comparison tools are all very well, but there’s no point browsing deals that you don’t actually qualify for. So it’s important to know exactly what to expect when it comes to securing your mortgage further down the line. First, you’ll need a solid and consistent income.

Second, you’ll need a good credit history – issues such as CCJs (county court judgements), IVAs (individual voluntary agreements) bankruptcies and loan defaults will all affect your chances.

Third, you’ll need to be able to prove that you can afford the deposit.

And finally, lenders will want to know about any debt commitments you might have, such as a student loan or personal loan.

In terms of paperwork, there are three main documents you’ll need to provide: proof of identity, proof of address, and proof of salary (payslips, or SA302 forms if you’re self-employed). See our full list of documents that may be required for more information.

Conveyancing

The process of managing the legal side of property transactions is called conveyancing. Whether you’re buying, selling or remortgaging a property, you’ll need to appoint a solicitor or licensed conveyancer.

Loan-to-value (LTV)

This is the size of your mortgage calculated as a percentage of the overall value of the property you’re buying. The lower your LTV (or the larger your deposit), the more mortgage deals open up.

Mortgage term

This is the amount of time you take the home loan out for. This nearly always used to be 25 years, but longer-term mortgages are becoming more popular. However, bear in mind that while a longer mortgage term means smaller repayments at the end of each month, it also means the amount you have to pay back overall will be larger.

Standard variable rate (SVR)

The standard variable rate or SVR is an interest rate that’s set by, and varies, between each lender. The SVR will differ between lenders and is based on a number of factors. When your fixed term ends, you’ll automatically be moved over to the SVR – unless you remortgage.

Valuation fee

Lenders will need to carry out an inspection of the property you’re looking to buy before approving your mortgage. This is to make sure it’s a sound investment to lend on and valued correctly. Typical valuation costs are around £400 but are often included in mortgage deals.