Remortgage calculator

  • Remortgage Specialists
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Remortgage calculator

  • Remortgage Specialists
  • Exclusive Rates
  • Hundreds of 5 star reviews
  • Free Initial Advice
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Author: Carl Shave - CEO and co-founder
Last updated: June 16th, 2022

Remortgaging can be an ideal way to save money on your mortgage payment, whether it’s on your main place of residence, a second home or a buy to let investment.  Not only can it be a good way to ensure your monthly payment is at a level that is the most competitive for your circumstances it can also be an ideal opportunity to raise additional funds, review your mortgage term and many more possible reasons.

By using our remortgaging calculator it will give you an indication to some of those answers you wish to know and ultimately your journey with us will show you exactly how much money you can save.

Use our calculator today to see the results and then drop us a line and one of our remortgage advisers will be on hand to discuss your plans with you.

Remortgage Calculator

NO CREDIT CHECKS!

Complete your income details below to give yourselves an idea how much you may be able to borrow.

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Are all remortgage calculators the same?

With numerous calculators from many different websites available it can be confusing to know what they all do, and indeed those that appear to be the same if they actually provide the exact same information as the next.  You would not be alone in thinking, should I use the Halifax remortgage calculator or the NatWest remortgage calculator or any of the numerous others available, and will they do exactly the same thing anyway.  In essence all these calculators are designed to give the same information however, they can and will vary in what they provide, how they calculate it and how accurate it is in the current market.

How do I know which is the best remortgaging calculator?

Knowing which calculator to use will initially depend on what you are looking to find out.  Is it how much you can borrow or do you want to know how much you can save.  Possibly even both.  Therefore, the first thing to establish is what information do you wish to acquire.  By knowing this you can then establish if the calculator you are intending to use will provide it for you.

With numerous different calculators available it should not be difficult to find one that will serve its intended purpose.  Due to the simplicity of many calculators it should also be quite simple to use more than one type if required should the answers you need can not be given but one solitary remortgage calculator.

Ultimately, if all seems a maze of never ending dead ends the wisest thing perhaps is to speak to a mortgage broker who will have access to all the required tools to carry out any calculations you require, giving you the confidence that you will have the correct information on which to base your plans.

What information will I need to input to a remortgage calculator?

If looking to use a remortgage calculator in the uk, such as the one we have here at Just Mortgage Brokers, then it’s likely you’ll need to know some basics of your situation.  The good news is that most of these calculators ask for very minimal pieces of information and most, if not all of it you should know.  However, it will be good to have certain information to hand should you wish to obtain the most accurate result.  This information can be:

  • Your income and expenditure including items such as loans, HP, lease agreements and credit cards
  • Your required mortgage amount
  • The approx. value of your property
  • Your current rate of interest
  • The current or required term of your mortgage

Not all calculators ask for the same information so regardless of you using ours on this page or an alternative such as the Santander remortgage calculator for example, having the information noted above should get you through to the right results.

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