How much could I save by remortgaging?
What could I save by switching to a cheaper interest rate?
When your discount, tracker or fixed-rate mortgage ends, you’ll end up on your mortgage provider’s standard variable rate, (SVR) which can cost much more each month. Use our remortgage calculator to see how much you can save monthly and annually by moving to a cheaper rate.
Enter your current mortgage details
Savings
Remortgage Calculator FAQs
Some frequently asked questions we receive about our remortgage calculator as well as general remortgaging FAQs. If your question isn’t here our team will be happy to help answer any of your questions.
- What is remortgaging?
Remortgaging means switching banks or mortgage products to get preferable mortgage terms to those of your outstanding mortgage. Usually, that involves saving money with smaller monthly payments or cheaper interest rates. Read more about how remortgaging works.
- Why should I remortgage?
There are several reasons why you might want to remortgage and these include:
- You want to save money with a cheaper mortgage rate
- Your property value has increased
- To release equity
- Your circumstances change
You can learn more about the reasons to remortgage here.
- What information do I need to use the remortgaging calculator?
For our remortgage calculator you will need to know:
- The outstanding balance on your current mortgage
- The number of years left on the mortgage
- The type of mortgage, e.g. repayment or interest only
- Your current interest rate or current monthly payment
You can usually find these on your latest statement
- How do I find the best remortgaging deals?
As expert mortgage brokers, you’re in good hands right here!
You can use our mortgage best buy calculator to find the best mortgage for you or you can contact one of our friendly brokers who can help you find the perfect remortgage deal for you.
- Do you have any remortgaging guides?
We have created a few guides to help those looking to remortgage. Here are the ones we think are the most relevant:
See our best buys
We’ve picked out some of today’s best mortgage rates to give you an idea which lenders and interest rates could be available to you.
View best buys
4.8
132 reviews
Excellent
Ashish Misra
"Got in touch with first Craig Smith and later on with Hannah Lee. Both are amazing..."
Read full review
Ashish Misra
Got in touch with first Craig Smith and later on with Hannah Lee. Both are amazing with their availability, communication and response. I wish I could talk about another mortgage with them ;-). Will recommend them to anyone I know is in need of a mortgage.Matilda Waters
"I was a first-time buyer and Alex Dowding was so helpful and supportive throughout the whole..."
Read full review
Matilda Waters
I was a first-time buyer and Alex Dowding was so helpful and supportive throughout the whole process, offering advice and providing guidance on the various processes. Really appreciated the speed at which Alex found and secured the mortgage, so I was able to act very quickly in securing the property. Alex was also super easy to get hold of throughout, and no question was too small. Thanks!Oya Gurpinar
"Colette Thorn and Robert Lawson were fabulous and made the process easy to understand . I..."
Read full review