Remortgage Calculator

See how much equity you have in your home and explore what your repayments could look like if you remortgaged.

1

Your property & current mortgage

Tell us about your current position.

£
£
%
£
years
Estimated equity £120,000
Current LTV 60.0%
2

Explore a new mortgage

Change the figures to compare different options.

%
years
£
For example, home improvements or debt consolidation.
£
3

Potential switching costs

These are optional, but including them gives you a better comparison.

£
£
For example, valuation, legal or other fees not included by the lender.
Your remortgage illustration
Estimated new monthly repayment £1,090 per month
New mortgage amount £180,000
New LTV 60.0%
Equity remaining £120,000
Monthly change £10 less
Total switching costs £999
Approx. time to recover costs
Additional borrowing £0
Illustrative total interest £81,600
Illustrative total repaid £261,600

Total interest and total repayment figures assume the interest rate entered above remained unchanged for the entire mortgage term.

This calculator is for illustrative purposes only. The figures shown are estimates and do not constitute mortgage advice, a recommendation or a mortgage offer. Actual mortgage rates, repayments, fees and the amount you can borrow will depend on your circumstances, the property and the lender's criteria.

The estimated property value you enter may differ from the valuation used by a mortgage lender. Any additional borrowing will be subject to affordability, credit assessment and lender criteria.

Early repayment charges and other fees may apply when you repay your existing mortgage. Check the terms of your current mortgage before deciding whether to switch.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.