Property | Loans | Protection

MORTGAGE OVERPAYMENT CALCULATOR

You can use our mortgage overpayment calculator to find out how much money you can save on interest over the life of your mortgage.

Work Out The Cost Savings Of Making An Overpayment On Your Mortgage

If you’re lucky enough to have some spare money, you might want to make a mortgage overpayment to help reduce your debt.

There are pros and cons to doing this which are covered in our mortgage overpayment guide. Before you use the mortgage overpayment calculator, bear in mind that not all mortgages allow overpayments.

How to Use Mortgage Overpayment Calculator
  • Enter how much you are borrowing or intend to borrow
  • Enter the interest rate
  • Enter the mortgage term remaining
  • Select the repayment type of your mortgage
  • Enter any lump sum payment that you expect to make and the expected date
  • Enter the amount you plan to regularly overpay and the frequency
  • Calculate!
£
%
years
One off overpayments
£
Regular overpayments
£
Payment Details
Monthly Principal & Interest Less Number of Payments Less Total Interest paid over the term
Payment Chart

This illustrates how your outstanding mortgage balance will decrease over the term of your loan. This does not account for interest rate changes or other fees such as early repayment charges.

See How Lenders Are Likely to Read Your Case

Most borrowers compare rates before they know whether a lender will actually like their case.

That’s how people waste time with the wrong bank, get weaker offers, or end up with avoidable declines.

The readiness check gives you an early read on how your case is likely to land, where the pressure points are, and whether lender choice needs more care.

See How Lenders Are Likely to Read Your Case

Mortgage Readiness Check

Case Scan Ready

See how lenders will read your case.

Your result
Structured
β–¦
Scan preview (full report includes) πŸ”’
Readiness gauge
67
/100
Key risk indicators
Variable income Short trading history Lower deposit
What lenders will focus on πŸ”’

Whether the income pattern looks stable enough to rely on, and how much of it they are prepared to include.

Case breakdown preview πŸ”’
Income stability Some friction
Deposit / complexity Some friction
60 seconds No credit check No documents
See how lenders will assess you β†’