Mortgages Made Easier to Understand
A mortgage can be one of the biggest financial commitments you make.
Understanding the basics can help you compare your options, recognise the costs involved and make more informed decisions.
Whether you are buying your first home, moving home or reviewing an existing mortgage, Energility’s guides can help you understand what to look for.
Understand How Mortgages Work
Interest rates are only part of the picture.
Your deposit, loan-to-value, mortgage term, fees, repayment type and flexibility can all affect how much a mortgage costs.
Our Mortgages Explained guide covers the main things you need to understand before comparing mortgage options.
Buying Your First Home?
Buying your first home introduces some additional questions.
How much deposit might you need? What can you afford? What is a Mortgage in Principle? What other costs should you budget for?
Our first-time buyer guide takes you through the process and the main financial considerations.
Read our First-Time Buyer Mortgages guide →
Compare Mortgages
The lowest interest rate does not necessarily mean the lowest overall cost.
When comparing mortgages, consider factors such as:
- Interest rate
- Product fees
- Monthly payment
- Mortgage term
- Early repayment charges
- Flexibility
- Overall cost
Our mortgage comparison service is coming soon.
Learn First. Compare Better.
A mortgage should work for your finances and circumstances, not simply look attractive in a comparison table.
Understand what you are comparing first. Then you can make better-informed choices about the options available to you.
Energility
Understand More. Spend Less. Live Better.