Remortgage Savings & Break-Even Calculator
Evaluate whether remortgaging will truly save you money. Compares your current mortgage payment against new interest rates, factors in product/arrangement fees and legal costs, calculates net savings across the fixed period, and identifies your fee break-even timeline.
Remortgage Savings & Break-Even Calculator
Compare your current mortgage deal against a new remortgage rate. Factor in arrangement fees to find true net savings and break-even timelines.
Current Mortgage
New Remortgage Deal
Cheaper than your current deal
After paying £999 in setup fees
Time needed to recoup arrangement fees
Remortgage Recommendation
Switching from 6.5% to 4.4% saves you £260.28 per month. Even after accounting for £999 in arrangement fees, you break even in 4 months and bank a net savings of £14,618 over your 5-year fixed term.
How to Use Remortgage Savings & Break-Even Calculator
Enter Existing Mortgage Details
Input your outstanding balance, current interest rate, and remaining term.
Enter Proposed New Deal
Specify the new interest rate, new fixed term (2, 3, or 5 years), and arrangement fees.
Check Net Savings & Break-Even
Review monthly payment savings, total net savings after fees, and break-even months.
Frequently Asked Questions
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