High Fee / Low Rate? What Should I Pick For My Remortgage? [Property]

If rates don’t change and you stay with Kent’s free switches:The 2-year fix wins clearly: more monthly income, same equity outcome, no compounding of fees.The 5-year fix only wins if you value stability and think rates will rise significantly in future.If, however, rates go up at renewal time — say the 2-year deal jumps from 3.34% to 5.5% later — then over 10 years your total cash flow could drop below the 5-year’s. Hosted on Acast. See acast.com/privacy for more information.