New Mortgage

Your results

Based on the figures you provided, here are your results:

  • New Monthly Payment:
  • New Loan-to-Value (LTV):
  • Monthly Payment Savings:
  • Yearly Payment Savings:
  • Total Lifetime Savings:
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How this remortgage calculator works

Welcome to our Remortgage Calculator – your tool for estimating potential savings when refinancing your mortgage.

Whether you’re looking to reduce your monthly payments, lower your interest rate, or shorten your mortgage term, our calculator provides you with valuable insights to help you make informed decisions about remortgaging.

How to use this remortgage calculator

To estimate your potential savings, simply enter the following details:

  • Property Value: Enter the current market value of your property.
  • Outstanding Mortgage Balance: Specify the remaining balance on your current mortgage.
  • Current Mortgage Rate or Monthly Payment: Provide either your current mortgage rate or your current monthly mortgage payment.
  • Mortgage Term: Choose the remaining term of your mortgage.

Our calculator will then reveal:

  • Monthly Payment: The estimated monthly payment for your new mortgage after refinancing.
  • Monthly Savings: The amount you can expect to save each month by remortgaging compared to your current mortgage.
  • Annual Savings: The total amount you’ll save annually by refinancing your mortgage.
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