Use our remortgage calculator to easily estimate your potential savings when refinancing your mortgage with RBS.
Remortgage Calculator
How to Use the Calculator
To use this remortgage calculator, fill in the current value of your property, the remaining amount on your mortgage, the interest rate of your new mortgage, and the term over which you intend to pay back the remortgage. Press the “Calculate” button to see your estimated monthly payments.
How it Calculates the Results
The calculator computes your monthly remortgage payment based on the remaining amount, the term of the mortgage, and the interest rate. It uses the formula for calculating the annuity payment, considering the number of payments (term in months) and the monthly interest rate.
Limitations of the Calculator
This calculator assumes a fixed interest rate over the entire term and does not take into account any fees or charges that may be applicable. It should be used as a guide only; for accurate figures please consult with a financial advisor.