Mortgage Subrogation: How to Save Thousands of Euros at Zero Cost

You took out a mortgage a few years ago. Maybe a variable rate that is skyrocketing today, or a fixed rate that seemed good but is now out of the market.

You feel trapped. But in Italy, you have a secret weapon that many other countries envy: Subrogation (or Portability).

The Problem: Laziness Costs Dearly

Many Italians stay with their "family bank" out of loyalty or inertia. They pay a rate of 4.5% while the market offers 3.5% or less to new customers.

The bank counts on exactly this: on your fear of bureaucracy and notary costs.

The Agitation: Is It Really Free?

Yes. Thanks to the Bersani Law (n. 40/2007), transferring the mortgage from one bank to another is completely free.

• No notary fees (the new bank pays).
• No investigation fees.
• No early repayment penalty.

If your current bank tells you that "it will cost too much to switch," they are lying to you.

The Solution: The Benefit Calculation

The strategy is simple:

1. Search online for current subrogation offers.
2. Compare the APR of the new offer with your current rate.
3. If the new rate is lower, even slightly (e.g., 0.50%), the savings on compound interest will be huge.

Also, with subrogation, you can switch from Variable Rate to Fixed Rate, locking in the installment and protecting yourself from future increases.

📱 The Simulation on Amorti

Verify how much you can save.

1. Enter your current mortgage into AmortiApp (Remaining Balance, Remaining Term, Current Rate). Note the "Total Interest".
2. Enter a new mortgage with the subrogation conditions (Same Balance, Same Term, New Rate).
3. Compare the two totals.

Often you will find that a simple signature saves you €20,000 or €30,000 in clean interest. It's like earning a year's salary in an hour.

Don't give money away to your bank. Do the simulation.

Calculate Subrogation Savings