loanScore is the only mortgage innovation to have ever won a Good Design Award. It solves a fundamental question that people ask which is 'is my current loan any good or not?'
This might sound like a simple question with a simple answer but the challenge is 'well, it depends' is really the answer.
The loan you have reflects your financial situation and preferences so without factoring these in trying to work out if your current loan is any good or not leads to false comparisons.
Only loanScore takes into account over a dozen datapoints about your current loan, finances and preferences then builds complex financial models for not only your current loan but all the potential loans that align to these factors.
Only then can we run a financial comparison and our proprietary algorithm to return a net savings (factoring in switching costs, lender cashbacks, upfront & ongoing fees as well as interest costs) and our unique score out of 100.