Before remortgaging your home, you will need to work out what the cost and whether it is worth going ahead with it.

There are a number of things that you will need to bear in mind as part of this process, for example: would the remortgage make things cheaper for you? Will there be any extra or additional costs as part of the remortgage package?

Only your chosen lender is fully able to make a final decision and give you detailed feedback on how much you will be offered following your application for a mortgage. You will need to ensure that you give the bank or building society all of the information available to you in the application, in order to guarantee that they can tailor the mortgage and costs to suit you fully.

Remortgage calculator

If you’re considering a remortgage then you’ll need to know if it is viable financially. Using the details of your income and expenditure, our calculator can help you find out what you can afford and help you on your way to a remortgage.

You should remember though, that the results of any online calculator can only be used as a general guide as to what kind of mortgage you may be offered, and should not be taken as anything more than this.




England

Wales

House Price

Min£50,000

£50,000

Max£600,000

Deposit

Min (5% of house price)£2,500

£2,500

Max (30% of house price)£15,000

Interest Rate

Min2.00%

3.50%

Max6.00%

Term

Min25 Years

30 Years

Max35 Years

This calculator is provided to give you basic guidance only. This information is computer-generated and relies on certain assumptions. It has only been designed to give a useful general indication of costs. Its important you always get a specific quote from the lender and double-check the price yourself before acting on the information. We cannot accept responsibility for any errorsand recommend that you obtain exact figures from a specific lender before committing to any mortgage.

Mortgage Calculation

Your deposit£2,5005%
Your mortgage£47,50095%
 
Monthly Payment£213.30 

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