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This calculator is suitable for calculating a new mortgage where you are trading up and are using your equity to part fund the new purchase.
In some circumstances, especially where your existing mortgage is relatively small and you have accumulated savings towards the new deposit, it may be possible to retain your existing property.
This calculator works out how much you will need to borrow, the deposit, stamp duty and legal fees involved in your move.
Use the 'Calculate monthly payments' option on the results page to calculate other costs like mortgage protection and find the best mortgage deals available.