Calculators

    How much do I save if I transfer my loan

    Already have a mortgage? See how much you save by switching banks — after the repayment fee and the costs of switching — and how many months it takes to recover them.

    €

    The outstanding capital, which is on your bank statement.

    €
    25 years
    3%

    Always compare the same term. Stretching the term lowers the instalment without saving anything.

    €

    Arrangement fee, valuation, deed, registering the new mortgage and cancelling the old one — around €900. Many banks cover part of it: if you already have an offer, enter its figure.

    You could save per month:80,95 € /month

    Instalment you pay today

    650,00 €

    Instalment on the new terms

    25 years at 3%

    569,05 €

    Early repayment fee

    Up to 0.5% on a variable rate — the legal maximum

    600,00 €

    New bank's costs

    900,00 €

    Stamp Duty on the new loan

    A transfer is exempt up to the outstanding capital

    Exempt

    You recover the costs in

    19 months

    Net saving to the end of the loan

    After the fee and the costs of switching

    22 783,93 €

    Figures and tables for 2026. Indicative result — confirmed by the bank and by the State services at the time of the transaction.

    If the saving pays, we handle the rest.

    We ask several banks for offers, compare them with what you pay today, and only go ahead if you really come out ahead.

    To use this simulator you need to know

    • How much is left to pay on your loan
    • How many years are left
    • The instalment you pay today
    • The rate you expect to get on the transfer
    • Whether your loan is fixed or variable rate — it changes the fee for leaving

    What this result includes — and what it does not

    This result is indicative and is there to help you get your bearings. The final figures are confirmed by the bank and by the State services at the time of the transaction — and our credit adviser checks them with you, at no cost.

    The early repayment fee has a legal maximum: up to 0.5% of the outstanding capital on variable-rate loans and up to 2% on fixed-rate ones. The calculator uses the maximum — your bank may charge less. It was suspended on variable rates until the end of 2025 and may be charged again since 2026.

    The new loan pays no Stamp Duty up to the amount you transfer: switching banks on a mortgage is exempt up to the outstanding capital. If you borrow more than you owe, the excess is taxed.

    The new bank's costs vary a lot, and many banks cover part or all of them to win the customer. The default figure is a reference — correct it with the offer you have.

    The monthly saving is only real if the two instalments are comparable. Always compare the same term — stretching the term lowers the instalment and saves nothing.

    Frequently asked questions

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