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Mortgage overpayment calculator
Compare the interest and term with and without a monthly overpayment.
Illustrative result
£15,396.47 less interest
- Interest saved
- £15,396.47
- Months shorter
- 42
Assumptions
- Early repayment charges are not included. Check the mortgage before overpaying.
Questions
Does the regular payment stay the same?
Yes in this illustration. The extra payment shortens the balance. Some lenders reduce the contractual payment instead.
Use this in your own plan
The result stays in your browser. Create an Aldoraun account if you want to keep a budget, accounts and a cashflow forecast.
Related calculators
Estimates only. Tax and repayment rules can change, and this is not financial, tax or pension advice.
Less interest£15,396.47See breakdown