Remortgage Savings Calculator
Compare your current and new monthly payment, see the total saving over the term and find out how long it takes to recover the switching costs. An estimate, not a quote.
See what you could save
Remortgaging saves £179.95/month and breaks even in 28 months.
An estimate only. Your actual saving depends on the lender's rate, the exact ERC and fees, and how interest is charged.
When remortgaging pays
A lower rate cuts your monthly payment, but switching is rarely free. Weigh the monthly saving against the early repayment charge on your current deal and the product and legal fees on the new one. Only once those costs are recovered does the move start putting money back in your pocket.
The break-even figure shows how many months of saving it takes to cover those costs. Timing matters: remortgaging as your fixed deal ends, when any early repayment charge has expired, usually delivers the cleanest saving. If break-even runs long, it can pay to wait.
Get a personalised quote
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR PROPERTY. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY. This information is for general guidance only and does not constitute financial advice or a mortgage offer. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Doulton Bridging Finance is a trading style of Doulton Money Ltd. We work with FCA-authorised partners to source mortgage finance from a panel of specialist lenders.