Balance £266,579.29 at a fixed 4.47% (daily compounding), contractual payment £1,272.31/month.
Drag the slider to see how an overpayment changes when you're mortgage-free and how much interest you keep.
Monthly overpayment
£200on top of £1,272.31
£0£500£1,000£1,500£2,000
Contractual-only term is ~34y 2m from today. Payments assumed on the 1st of each month.
Mortgage-free by
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Interest left to pay
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Interest saved
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vs contractual only
Time saved
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vs contractual only
Balance over time
Outstanding mortgage, contractual-only vs. your overpayment
Contractual only
Your overpayment
Where your payments go
Cumulative amount paid, split by principal vs interest
Principal repaid
Interest paid
Payoff time vs. overpayment
Years until mortgage-free, as the monthly overpayment changes
Total interest vs. overpayment
Lifetime interest paid, as the monthly overpayment changes