If interest rates are more than your fixed rate - the penalty is...

If interest rates are more than your fixed rate - the penalty is negligible, however if the rates have gone down from your fixed rate - the bigger the difference - the bigger the penalty. I checked my 1 year fixed rate penalty (I'm about 4 months into the 1 year term) "before" this latest decrease with my Bank and it was many thousands - I hate to know what it would be now. Actually I've put in a call to ask for an updated figure - don't know why because I'm best to sit tight and wait the term up.