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Overpayment calculator


Mortgage amount £
Mortgage term (years)  
Interest rate (%)  
Regular monthly overpayment £
   
 
Reduction in mortgage term
Interest saved
 
 

£
If you are able to make regular overpayments to your mortgage then this will reduce the total amount of interest that you will pay and mean that you will pay your mortgage off early. Use the calculator below to demonstrate the effect of regular overpayments on your mortgage term. All figures quoted are for illustration purposes only and should not be taken as a guarantee of any savings or reduced mortgage term.