Mortgauge
The UK's only fixed versus variable rate mortgage calculator

Welcome to Mortgauge, the final piece of your mortgage puzzle.

Mortgauge is a unique mortgage modeller that helps you decide if the fixed mortgage rate you have been offered is worth accepting.

Why use Mortgauge?

In years gone by, only those who didn't ever look at their mortgage deals remained on the Standard Variable Rate offered by their lender.  It was easy to find a fixed, tracker or even capped deal that would provide lower monthly payments than the Standard Variable Rate.

Then came the credit crunch in 2008 and these deals dried up.  Some individuals (particularly those with a low level of equity in their homes) have found no choice but to accept a high fixed rate or remaining on the Standard Variable Rate.

If you need to answer the question 'Should I fix my mortgage now?' Mortgauge is for you.  To help you answer this question, using the data you have supplied, and our model for future interest rates, Mortguage will calculate:

• The amount you will pay under the fixed product;
• The amount you might pay under the variable product.

Mortgauge does not search the market for the best deal, or provide advice, but we hope that providing additional figures you will feel able to make a more informed decsion.

Summer Sale!

Get Mortgauge now at a £5 discount.

Mortgage latest

Bank of England holds interest rates at 0.5%

1 June 2010

Average Standard Variable Rate 3.94%
(Souce: Bank of England)

10 May 2010

Bank of England holds interest rates at 0.5%.

1 May 2010

Average Standard Variable Rate 3.99%
(Souce: Bank of England)

More News: Here