Overpayment Calculator
Overpayment Calculator
Current Mortgage Balance
£
Remaining Term (years)
Current Mortgage Interest Rate
%
Monthly Overpayment Planned
£
If invested, expected return p.a.
%
Conventions: end-of-month payments; monthly compounding; interest rounded each month to 2 decimals (half-up).
Total interest (No overpayment): —
Total interest (With overpayment): —
Interest saved: —
Payoff (with overpayment): —
Investing FV of OP: —
Gains over contributions: —
| Year | Without Overpayment (Interest) | With Overpayment (Interest) |
|---|---|---|
| — | ||
| Total interest (No overpayment) | — | |
| Total interest (With overpayment) | — | |