Mortgage Overpayment Calculator
See the exact impact of paying a little extra each month — how much interest you save, and how many years come off your mortgage term.
Mortgage Details
Overpayment
£2,400 / year
Check your mortgage terms — many lenders allow up to 10% annual overpayment without early repayment charges.
Impact of Overpaying
Interest Saved
£38,458
Time Saved
5y 1m
New Term
19y 11m
vs original 25 years
Standard Total Interest
£166,874
With Overpayment
£128,416
Balance Comparison
Yr
Standard
Overpaying
Saved
Y1
£2,450
Y4
£10,497
Y7
£19,704
Y10
£30,240
Y13
£42,295
Y16
£56,089
Y19
£71,873
Standard balance
With overpayment