This calculator is for illustrative purposes only.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
This calculator is for illustrative purposes only. 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. Please note the calculator does not factor in any early repayment charges.
To illustrate savings, we’ve made the following assumptions:
- The results displayed are based on the information you have entered
- The interest rate will remain the same for the term of the mortgage
- The results are based on a repayment mortgage
- Savings are rounded down to the nearest pound and year
If you're on our Follow-on Rate, Standard Variable Rate or a tracker rate mortgage, you can make unlimited overpayments with no early repayment charge. If you're on a fixed rate mortgage, you can overpay up to 10% of your outstanding balance each calendar year (January to December). Please take a look at the Making overpayments information to learn more.