Mortgage Calculators

Mortgage Overpayments Calculator

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Mortgage Calculators Mortgage Overpayments Calculator

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Mortgage Overpayments Calculator

See how overpaying your mortgage could reduce your interest costs and shorten your term. Enter your mortgage details and overpayment amount below.
£
years
%
£
£

Your potential interest saving:

By overpaying on your mortgage at .

Current Monthly Payment

Without overpayments

Effective Monthly Cost

Including overpayments

Overpayment Summary
Total Interest (Without Overpayment)
Total Interest (With Overpayment)
Interest Saving
Term Reduction
With overpayment Without overpayment

This assumes your interest rate stays the same and doesn't incorporate any savings comparison.

Year Without Overpayment With Overpayment
Charges may apply if you overpay more than 10% of your mortgage balance in a year. Always check your mortgage terms before making overpayments.

Current Monthly Payment: Calculated from your remaining balance, term, and interest rate.

Single Overpayment: Deducted from your balance immediately, reducing future interest.

Regular Overpayment: Applied at your chosen frequency (monthly, quarterly, or annually).

Term Reduction: Shows how much sooner you could be mortgage-free. Repayment mortgages only.

These figures are estimates. Actual savings will depend on your lender's terms, any early repayment charges, and whether your rate changes during the term.

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Your Mortgage Overpayment Summary

mortgage at

Interest Saving
Year Without Overpayment With Overpayment
Estimates only. Always check your mortgage terms. www.moneyhelpdesk.com

Want to review your mortgage options?

A mortgage broker can help you find a deal that allows overpayments and could save you thousands over the life of your mortgage.

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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

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Money Helpdesk is a trading style of LeadCrowd Limited which is registered in England and Wales (10963512).

Our registered office is The 1812 Building, Wheatley Park, Mirfield, West Yorkshire, WF14 8HE.

Money Helpdesk is an independent marketing website that acts as an introducer to FCA regulated companies. The guidance and or advice contained within this website is subject to the UK regulatory regime and therefore primarily targeted to customers in the UK. Any and all personal information that we may collect will be used and held in accordance with our privacy policy. We may use your personal information to contact you or pass your details to other companies associated with us, to contact you (including by telephone) to provide you with details and services in relation to any enquiry you make to us. Any rates shown are for illustrative purposes only, they should not be taken as any form of advice or recommendation. Actual mortgage quotes are based on individual circumstances.

At Money Helpdesk, we strive to provide informative guides and tips, however, please note that you use the information provided at your own risk. We cannot be held liable for any issues that arise from using the information provided.

The information found on our website is not tailored advice specifically for each individual reader and therefore should not be taken as financial advice.

Our team is updated regularly to keep up with changing lender criteria and policies, so be sure to contact one of our advisors for accurate up-to-date information. All of the advisors we work with are qualified to provide advice and partner with firms authorised and regulated by the Financial Conduct Authority. These specialists are regulated professionals who can provide tailored advice that fits your needs.

The Financial Conduct Authority does not regulate Will Writing, Estate Planning and some forms of Mortgages. © Copyright LeadCrowd Limited.

The rates shown are for illustrative purposes only, they should not be taken as any form of advice or recommendation. Actual mortgage quotes are based on individual circumstances.

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