What Is a Remortgage?

A remortgage is where you switch to a new mortgage product with a new lender but keep the same property.

To work out how much you could save my remortgaging, simply enter the outstanding balance on your current mortgage, the remaning term of your current mortgage, the type of mortgage you have, your current interest rate and monthly payment amount and the new interest rate your considering.

If you're not sure what remortgage interest rates are on the market, try our best buys below.

See our remortgaging guide for more information on what happens when you remortgage and how it works. 

Mortgage saving calculator
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This is not a quotation under the Consumer Credit Act. Figures are subject to validation of income, credit checks and a property valuation.

This remortgage calculator is a great place to start – but it’s certainly not a definitive answer – and if it’s not the answer you’re looking for, our experts can review your full situation and advise on the most appropriate course of action, including products you might not previously have considered.

We also have mortgage calculators for home extensions and mortgage overpayments.

Why Use a Remortgage Broker like John Charcol?

We Take Care of Everything

With over 45 years of service, we've seen it all. We can save you money, time and make remortgaging your property easy.

We're Highly Recommended

We have over 1,800 5* reviews on reviews.co.uk, so you can feel confident that your mortgage is in the right hands.

We Give Personal, Expert Advice

We work around your schedule to help you arrange a mortgage that suits your circumstances, no matter how complex.

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Compare the best remortgage rates and cheapest deals currently on the market.

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