Try our Additional Mortgage Payment Calculator below to get an idea of how much money you may be able to save in interest, and how much quicker you may be able to repay your mortgage by making regular additional mortgage payments on your mortgage account. These additional mortgage payments are known as Mortgage Overpayments and are usually a feature of Flexible Mortgage products.
So to get an indication of how much you can save as well as how much quicker you may be able to repay your mortgage by making regular additional mortgage payments to your mortgage account based on a specific amount to be borrowed, a specific interest rate, and a specific repayment period, as well as a specific repayment amount and the frequency with which those repayments are made simply fill in the boxes below on our Additional Mortgage Payments Calculator. Please note, your results will appear underneath the calculator, so you will need to scroll down again after pressing the calculate button.
Please note our Additional Mortgage Payments Calculator is only intended to serve as a guide for illustration purposes as to potentially how much you could save in Interest and how much quicker you could pay off your mortgage, and the information it provides does not provide you with all the details you need when it comes to choosing your mortgage. This is not a personalised illustration.
Additionally, Early Repayment Charges may apply if you repay your mortgage ahead of it's schedule.
Make sure you read the Key Facts Illustration (KFI) provided to you before choosing your mortgage. The information provided here is not a personalised illustration and is subject to an assessment of your income, property value and credit checks.
Call us today for an in-principle mortgage decision!
Hopefully our Additional Mortgage Payment Calculator has given you a reasonable indication of potentially how much money could be saved on your mortgage by making regular additional mortgage payments on your mortgage account. Remember, these additional payments are known as Mortgage Overpayments, and they are usually a feature of Flexible Mortgage products.