Overpayment Calculator
Overpayment Calculator
Overpaying would save you
In interest alone, and mean you pay the debt off in full & earlier.
Normally you repay per month. If you regularly overpay you'd be mortgage free and before your interest-only mortgage term is due to end.
Your total payment over this period would be
While normally repaying per month. a regular overpayment of , making a total monthly repayment of + = , you'd be mortgage free and earlier.