Remortgage Calculator
Thinking about switching your mortgage or finding a better deal? Enter your details into our Remortgage Calculator to get an instant estimate of your new monthly repayments and potential savings. Simple, quick, and designed to help you compare your options with confidence.
Potential Property Value
£0
Based on 4.5x your household income plus your deposit, you could potentially purchase a property of this value.
Based on your income, this is the amount lenders may be willing to let you borrow. Actual offers may vary.
Your estimated monthly payment based on the interest rate and mortgage term you entered. Increase your deposit or term to lower this.
LTV is the percentage of the property value you're borrowing. Lower LTVs are considered less risky and may secure better rates.
How it works
Three simple steps to secure your mortgage – backed by expert advice and a smart, supportive process from start to finish.
Tell Us a Little Bit About You
A quick, painless 60-second form captures your current situation.
We Find the Perfect Match
Partnering with over 100 leading lenders, including exclusive specialist options
Your Personal Mortgage Team
You’ll be assigned a dedicated team of experts who handle every step.
Any Questions?
Our FAQs are here to give you clear, straightforward guidance so you can understand your options with confidence. Whether you’re checking what you can afford, exploring repayments, or comparing mortgage deals, you’ll find the essentials covered here.
When is the best time to remortgage?
Most people remortgage when their fixed-rate deal is ending, as moving to a new rate can prevent you from switching onto a lender’s standard variable rate, which is usually higher. You can normally start the process 3–6 months before your deal expires. Use our remortgage calculator above.
Can remortgaging save me money?
Yes – many homeowners remortgage to access a lower interest rate, reduce monthly repayments, or switch to a deal that better suits their circumstances. The amount you save depends on your current rate and the offers available to you. Use our remortgage calculator above.
Can I remortgage to release equity?
Absolutely. If your home has increased in value or you’ve paid down a significant part of your mortgage, you may be able to release equity for things like home improvements, debt consolidation, or major expenses.
Will I need a credit check to remortgage?
Yes. Lenders usually perform a credit check to assess affordability and ensure the new deal is suitable. A stronger credit profile can help you access better rates, but many lenders still accept applicants with some past credit issues.
Does remortgaging involve any fees?
It can. Some deals include arrangement fees, valuation fees, or legal costs, though many lenders offer fee-free products. Your GoMortgage adviser can compare options and tell you exactly what costs apply – if any.
Can I change my mortgage term when I remortgage?
Yes. Lenders usually perform a credit check to assess affordability and ensure the new deal is suitable. A stronger credit profile can help you access better rates, but many lenders still accept applicants with some past credit issues.
