Refinancing, made clearer

Mortgage Refinancing Calculator

Short answer:Refinancing helps only when the monthly savings recover legal, valuation and exit costs soon enough. Get written quotes from the three banks below and calculate the break-even point.

● Checked 15 Jul 2026

Choose in 3 steps

Work out these 3 numbers

  1. New monthly payment
  2. Legal, valuation and exit costs
  3. How long until the savings recover those costs

Calculator

Work it out with your numbers

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Indicative break-even period — This isolates break-even from your assumptions; it does not model approval, a current rate or a universal winner.

What this answer does not do

We do not store or invent a personalized mortgage rate.

Want to check our work?

We use only current official records. The comparison applies to the stated example or shortlist; it is not a promise that the first option fits everyone.

How comparisons workHow data is checked

Before you decide:Compare written offers using the same balance and tenure before deciding.