Tool

Overpayment Calculator

Your mortgage
£
4.80%
22 yrs

Monthly
Lump Sum
Both
£

Pay off sooner
Lower payments

Your term shortens while keeping the same monthly payment.

Your savings

Enter your mortgage details to see how much you could save

Interest Saved — total over mortgage
Time Saved — pays off earlier
Total interest comparison
Without overpaying —
With overpayment —

Outstanding balance —
Standard monthly payment —
Total monthly (with overpayment) —
Original term —
New term —
Total interest (without) —
Total interest (with) —

Illustrative only. Check your lender's overpayment allowance — most permit up to 10% of the balance per year without penalty.