How can I compare a mortgage with cashback against one with a lower interest rate?
Our answer
Compare total repayment plus fees over a common fixed horizon, subtract genuine cashback and include break fees and refinancing assumptions.
Why this approach makes sense
Travel, transport and payment providers use different rules. The correct answer comes from the actual booking, provider and transaction.
Before you try it
Check the operator’s current conditions and keep any relevant receipt or confirmation.
Questions people ask
What is a safe starting point for comparing a mortgage with cashback against one with a lower interest rate?
Compare total repayment plus fees over a common fixed horizon, subtract genuine cashback and include break fees and refinancing assumptions.