Find out how much you could save by paying more than the standard monthly payment off your mortgage or loan!
By overpaying you could save ???, and reduce your term by ? years and ? months!
If the interest rate of your current product is not competitive you should strongly consider re-mortgaging at a better rate of interest. If you choose one that allows over-payment you will be able to overpay even more each month than you can with your existing product!
Not all lenders allow over-payments, and some may charge a fee. You should take this into consideration before over-paying.
Be aware that many lenders impose a percentage maximum on the amount you may overpay in any given year.
These results should be taken as a guide only. Actual term reduction and interest savings may vary depending on how your lender calculates interest (daily, monthly, annually, etc.)