This calculator is for illustrative purposes only.

Important information

This calculator is for illustrative purposes only and it does not provide a precise calculation.
It's intended to give you information and guidance about potential interest savings, term reductions and monthly payment reductions.

To illustrate savings, we’ve made the following assumptions:

  • The results displayed are based on the information you have entered. The term is rounded to the nearest year.
  • The interest rate will remain the same for the term of the mortgage
  • The results are based on the repayment type and term you have entered
  • Savings are rounded down to the nearest pound and year

Please note the calculator does not factor in any early repayment charges that could be incurred as a result of exceeding your overpayment allowance. If you are unsure about your overpayment allowance, please refer to your mortgage offer or contact your mortgage provider.