DECISION SUPPORTPREMIUM
Mortgage refinancing
When rates fall this is the first question asked: is it worth moving the loan? The answer depends on the payoff amount, the remaining term and the early repayment compensation — an answer given without all three is a guess.
Enter the payoff figure, or work it out
Bankacı opens both routes. If the bank has given you a payoff amount you type it in; if not, it estimates one from the existing loan's details.
Compensation is part of the sum
A fixed-rate mortgage can carry compensation on the outstanding principal. Whether a transfer pays is usually decided by this line, which is why it is asked for separately.
The result is one difference
The remaining total of the current plan is compared against the total of the new financing. What comes out — compensation and costs included — is the net effect of the transfer.
Frequently asked
How much is the early repayment compensation?
Regulation sets a ceiling and it varies with the remaining term. Bankacı takes the rate from you, because what is actually applied differs by bank and by contract.
Does a transfer always pay?
No. As the remaining term shortens, the gain from a rate difference shrinks while compensation and costs stay. The calculation shows exactly that balance.
Is this feature free?
Mortgage transfer analysis is part of Bankacı Premium.
See also: Personal, vehicle and housing loan calculations · Part payment and payoff · Glossary
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