UK Remortgage Calculator
Compare your current mortgage payment against a new rate and term to see potential monthly savings from remortgaging.
Monthly Savings
£142.63
- Current monthly payment
- £1,375.77
- New monthly payment
- £1,233.14
Assumptions
- Does not include remortgage fees, valuation fees, or early repayment charges
How it's calculated
Compares two amortization schedules — your current remaining balance at the current rate/term, versus the same balance at a new rate/term.
Worked example
A £200,000 remaining balance moving from 5.5% to 4.2% shows the monthly savings live above.
Frequently asked questions
Does this include remortgage fees?
No — arrangement fees, valuation fees, and any early repayment charge on your current deal are not included and should be weighed separately.