What is your margin costing you?
Your bank's margin is the one part of your interest rate you can change. See what a lower margin on your practice loan is worth, after every cost of switching.
Bank Rate 3.75% September 2026 vote: 6–3 to hold, three wanted a rise Markets priced c. 4.8% by late 2027 A lower margin saves you money whichever way rates go.
3.75%
0.50% 7.00%
Your current loan
Use your facility letter or latest statement. Round numbers are fine.
£
yrs
How is your rate set?
%
Shown on your facility letter as "Base + x%". %
– mths
%
Most fixes revert to Base + a margin. Repayment type
mths
After this you repay capital and interest over the rest of the term. £
Optional. Used for the debt cover check. Leave at 0 to skip. x
Move the slider to a margin you might refinance at
2.25% over Bank Rate
1.00% yours today: – 5.00%
Saving in year one – –
Interest saved over the loan – if Bank Rate stays at 3.75%
After all switching costs – –
–
| New margin | Saving a year | Interest saved | Net of costs | Payback |
|---|
–
Switching costs –
The defaults are illustrative. Replace them with your own figures, or ask us for an estimate.
%
A % of the balance repaid. mths
Leaving your current lender
£
If your fix is a separate swap or hedge. Can be a credit if rates have risen; enter it as a minus. £
Exit, deeds release and security discharge. Joining the new lender
%
A % of the new loan. £
£
Including advice on any personal guarantee. £
£
We confirm our fee in writing before any work starts. £
Landlord consent, searches, accountant's reports. | Bank Rate | Your loan | At new margin | Cover |
|---|
–
Is it worth a conversation?
–
Find out what margin a lender would offer your practice
The calculator can show what a lower margin is worth. Only a lender can tell you what you'd actually be offered. Samera Finance will take your figures to the market, tell you plainly whether switching pays after every cost, and handle the move if it does.