MOVING COST CALCULATOR
…a handy tool to calculate the cost of moving and how much mortgage you may need
Moving Cost Calculator
Estimate your relocation expenses effortlessly with our user-friendly moving cost calculator – your key to a budget-friendly and stress-free move!
This is the purchase price of the property you wish to sell.
Current Finance Costs
Please enter the amount of mortgage you have outstanding on your current property to be sold.
If you are tied into your current mortgage deal, you may have an early repayment charge. This could range from 1%-5% or more, please confirm with your existing lender
Please enter the amount secured loans you have outstanding on your current property to be sold.
Total Finance Costs
Other Selling Costs
Please enter the amount your agent is charging you to sell your property. This is usually between 0.5% - 1.5% but maybe more.
In order to sell your home, you will normally need a solicitor. We would be happy to help arrange one for your, please get in touch
If you have any outstanding loans, credit cards or finance you plan to pay off with the proceeds of your sale, please add them here.
Total Other Selling Costs
Funds Remaining After Your Selling Costs
Declared Selling costs.
Below is how much equity you have left from your sale after your declared selling costs
Enter the property you plan to purchase. This can be the agreed-upon sale price and any additional fees associated with the purchase.
Property Purchase Costs
Stamp Duty is payable on properties you wish to purchase. Your solicitor can guide you on the amount you may need to pay, more information can be found here https://www.gov.uk/stamp-duty-land-tax/residential-property-rates
You will also need a solicitor to assist with the purchase of your home. These costs can vary, please get in touch if you need help with a quotation.
A mortgage provider will need a basic valuation for the property you wish to buy. They will normally arrange this and sometimes it is free.
Some lenders charge fees for their mortgage deals. These usually range from £0 to £1500 but can be more. These can sometimes be added to your mortgage, only enter your fees here if you plan to pay them up front.
Sum of all property purchase costs.
Other Purchase Costs
This field is for any fees outside of standard legal work. For example, transfer of equity.
You may wish / need to complete some improvements on your new property. Please enter this here.
Please enter any other costs you may have for moving not stated here. For example, paying funds to another party.
Other Property Purchase Cost that you may have to pay.
Total Purchase Costs
Total cost of the property you plan to purchase. This includes the agreed-upon sale price and any additional fees associated with the purchase.
Total Remaining Costs from selling price.
Moving Cost Summary
Property Purchase Price in the previous screen.
Total Selling Costs.
Total Purchase Costs.
You may wish to contribute funds from your own sources, such as savings etc
Based on the information provided, after all buying and selling costs, including any deposit contribution, this is the mortgage you require to cover the difference.
