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    Remortgage Savings Calculator

    Compare your current mortgage with a new deal to see if remortgaging could save you money. Includes break-even analysis and total saving after all fees.

    Current Mortgage

    New Mortgage Deal

    How long the fixed rate lasts before reverting to a higher rate

    Arrangement fee, valuation, legal costs

    Exit fee from current mortgage

    Savings Analysis

    ✓ Worth Remortgaging
    +£7,197
    Total saving after fees during 5-year fixed term
    Monthly Saving
    +£178
    Break-Even
    20 months

    Current Mortgage

    Monthly Payment:£1,720
    Total Interest (over term):£162,732

    New Mortgage

    Monthly Payment:£1,541
    Total Interest (over term):£119,942
    Interest Saving (over 5-yr term):£10,697
    Total Fees:-£3,500

    ℹ️Savings calculated for the 5-year fixed term only. After this period, you'll likely revert to a higher Standard Variable Rate (SVR). Consider remortgaging again before the fixed term ends.

    Important Information

    This calculator is for information purposes only and should not be relied upon as financial advice. The results are estimates based on the information you provide and may not reflect your actual circumstances. Always consult with a qualified mortgage advisor before making any financial decisions.

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