How much could I save by remortgaging?
What could I save by switching to a cheaper interest rate?
When your discount, tracker or fixed-rate mortgage ends, you’ll end up on your mortgage provider’s standard variable rate, (SVR) which can cost much more each month. Use our remortgage calculator to see how much you can save monthly and annually by moving to a cheaper rate.
Enter your current mortgage details
Savings
Remortgage Calculator FAQs
Some frequently asked questions we receive about our remortgage calculator as well as general remortgaging FAQs. If your question isn’t here our team will be happy to help answer any of your questions.
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What is remortgaging?
Remortgaging means switching banks or mortgage products to get preferable mortgage terms to those of your outstanding mortgage. Usually, that involves saving money with smaller monthly payments or cheaper interest rates. Read more about how remortgaging works.
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Why should I remortgage?
There are several reasons why you might want to remortgage and these include:
- You want to save money with a cheaper mortgage rate
- Your property value has increased
- To release equity
- Your circumstances change
You can learn more about the reasons to remortgage here.
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What information do I need to use the remortgaging calculator?
For our remortgage calculator you will need to know:
- The outstanding balance on your current mortgage
- The number of years left on the mortgage
- The type of mortgage, e.g. repayment or interest only
- Your current interest rate or current monthly payment
You can usually find these on your latest statement
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How do I find the best remortgaging deals?
As expert mortgage brokers, you’re in good hands right here!
You can use our mortgage best buy calculator to find the best mortgage for you or you can contact one of our friendly brokers who can help you find the perfect remortgage deal for you.
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Do you have any remortgaging guides?
We have created a few guides to help those looking to remortgage. Here are the ones we think are the most relevant:
See our best buys
We’ve picked out some of today’s best mortgage rates to give you an idea which lenders and interest rates could be available to you.
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Jessica R
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Jessica R
5 stars for a 5 star team
We have just completed on our new home and owe so much to Coreco. Jan had been keeping us updated with the changing interest rates ahead of a mortgage application and making sure we get the best price possible. He even submitted a new application for us when rates got a little more positive. His helpful and can-do application took so much stress out of buying a home. Thank you also to Jenny who has ask helped us through. We won’t hesitate to use Coreco again and will be recommending them to others. Thank you!
David Dodson
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David Dodson
Brilliant service from Coreco
I cannot praise Coreco enough. I needed a mortgage to purchase my flat and Jemima Fordham at Coreco was recommended to me. I was so impressed by Jemima in every way. Her knowledge of the mortgage market is phenomenal. Despite the current issues with the mortgage market Jemima was able to get me an excellent mortgage with a really good provider. Jemima gave brilliant advice, she was totally focused on solutions and was always really helpful. Finding a mortgage would normally be very stressful but Jemima made the whole process totally straightforward and stress free. It is so good to have a real expert helping you! I would also like to commend Faye Carey for always keeping me up to date and for her excellent customer service.
Thomas Reynolds
"Friendly, responsive, dedicated support I couldn’t recommend Coreco more highly, they have been absolutely fantastic. Their..."
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Thomas Reynolds
Friendly, responsive, dedicated support
I couldn’t recommend Coreco more highly, they have been absolutely fantastic. Their support was practical and friendly throughout the whole process. It is not an easy market but their relationships with lenders meant we could get the product we wanted in the time needed. Particular mention is for Liam Creavin and Colette Thorn who went above and beyond to make sure we got across the line.