08.14.2025
Discover how to lower your mortgage payment by switching to a bank with lower interest rates, reduced spreads, and lighter monthly instalments.
If you feel that your mortgage is taking up an ever-growing share of your household budget, you are not alone. Rising Euribor rates and the end of promotional periods have prompted many families to seek ways to cut costs. One of the most effective solutions is mortgage transfer — moving your loan to another bank that offers better rates, more competitive spreads, and lower monthly payments.
At Credit Place, an independent mortgage broker authorised by the Bank of Portugal, we specialise in finding the best deal for your profile. We compare offers from multiple banks and negotiate on your behalf — all at no cost to you.
The goal is simple: save money on your monthly payments and reduce the overall cost of your mortgage, freeing up room in your budget for what truly matters.
If any of these apply to you, you could be missing out on significant monthly savings.
If you feel that your mortgage is taking up an ever-growing share of your household budget, you are not alone. Rising Euribor rates and the end of promotional periods have prompted many families to seek ways to cut costs. One of the most effective solutions is mortgage transfer — moving your loan to another bank that offers better rates, more competitive spreads, and lower monthly payments.
At Credit Place, an independent mortgage broker authorised by the Bank of Portugal, we specialise in finding the best deal for your profile. We compare offers from multiple banks and negotiate on your behalf — all at no cost to you.
What is a mortgage transfer?
A mortgage transfer is the process of moving your existing home loan to a different lender that can offer you more favourable conditions — whether that means a lower interest rate, reduced spread, lower fees, or more competitive insurance premiums.The goal is simple: save money on your monthly payments and reduce the overall cost of your mortgage, freeing up room in your budget for what truly matters.
When is it worth transferring your mortgage?
It may not be the right choice for everyone, but there are clear signs that it could be beneficial:- You have a high interest rate or took out your mortgage when rates were less favourable.
- Your promotional period has ended, and your conditions have worsened.
- You want to reduce your spread or lower your monthly payment.
- You would like to renegotiate your loan term or insurance policies.
- You are unhappy with the service from your current bank.
How does the process work?
- Mortgage simulation – We analyse your current mortgage and simulate options with different banks.
- Requesting offers – We collect tailored proposals based on your profile.
- Property valuation and approval – The new bank values your property and assesses your financial capacity.
- Settling your old mortgage – If you accept, we close your old mortgage and finalise the new agreement.
- We compare offers from several banks impartially.
- We negotiate the most competitive terms for your case.
- We simulate different scenarios to ensure you make informed decisions.
- Our service is 100% free for the client and authorised by the Bank of Portugal.
Our group company, ENTREPORTAS Real Estate, can also provide full support if you are planning to buy or sell your home, perfectly complementing your mortgage transfer process.
Save without the hassle. Request your free mortgage transfer simulation today and find out how much you could lower your monthly payment. Your mortgage can — and should — be lighter.