MOVING-HOME TOOL
Mortgage porting planner
Build a simple moving-home budget from estimated sale equity, costs, savings and planned borrowing before you discuss whether an existing deal can be ported.
Your scenario
Map the sale and next purchase
Enter estimates to reveal a potential funding gap or surplus. Keep any early repayment charge outside “costs” only if you intend to assess it separately.
This planner cannot confirm that a mortgage is portable. Porting normally involves a new application and property assessment. Check timing, affordability, additional borrowing, fees, early repayment charges and the terms of your current deal.
Questions to take to your lender or advisor
- Is the current product portable, and do its conditions fit the timing of the sale and purchase?
- Would additional borrowing sit on a different rate or end date?
- What affordability, valuation, legal, product, exit or early repayment costs need to be allowed for?
- What happens if the transactions do not complete on the same day?
The answers depend on your mortgage terms, lender, new property and circumstances. This tool only organises the arithmetic you enter.
Continue your planning
Check the porting details before acting
An advisor can assess the current mortgage, new property, budget, timing and alternatives together.