How overpaying can help
Remember these results are based on what you’ve told us and assume you have one interest rate on your mortgage.
If you enter overpayments which add up to more than your current balance or run longer than the term of your mortgage the calculator will not bring back a correct illustration.
Your monthly payment
Before your payment holiday
##prePaymentHolidayPayments##
After your payment holiday
##postPaymentHolidayPayments## (an increase of ##paymentChange##)
After making ##overpaymentDuration## overpayments of ##overpaymentAmount##
##recalculatedRegularOverpaymentAmount##
Your total amount to pay
Before your payment holiday
##tapPreHoliday##
After your payment holiday
##tapPostHolidayNoOverPay## (an increase of ##variance##)
After making ##overpaymentDuration## overpayments of ##overpaymentAmount##
##tapPostHolidayOverpay##
Making these overpayments will save you ##totalInterestSaving## in interest charges.
These calculations are based on what you’ve told us and are to be used as a guide only.
When you’ve finished overpaying you’ll need to ask us to work out your new amount so that we can reduce your monthly payments.
Make an overpayment
Back to my overpayment options
Make a one-off overpayment