Jump to content
Sign in to follow this  
boro_boy

Overpaying Mortgage, Save thoushands

Recommended Posts

I just looked at the calculator on Money Saving Expert website and if I pay and extra £300 per month off my mortgage (thats under the limit of £5000 I can overpay each year so won't get fined). I will be able to pay my mortgage off over 11 years early.

http://www.moneysavingexpert.com/mortgages/mortgage-overpayment-calculator#result

Overpaying would save you

£26,287 in interest alone,

and mean you pay it off in full

11 years and 4 months earlier

I have the spare money now so may as well put it to use!

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • World Cup Games

    Wednesday 20 June

    Portugal vs Morocco  - 1pm - BBC

    Uruguay vs Saudi Arabia - 4pm - BBC

    Iran vs Spain - 7pm - ITV

    Thursday 21 June

    Denmark vs Australia - 1pm - ITV

    France vs Peru - 4pm - ITV

    Argentina vs Croatia - 7pm - BBC

  • Members Online Now

    • MrMacleod

      MrMacleod 175

      Member
      Joined:
      Last active:
    • Locke

      Locke 74

      Member
      Joined:
      Last active:
  • Sign Up

    Join My Football Forum

  • Popular Contributors

  • Forum Statistics

    • Total Topics
      2,914
    • Total Posts
      20,710
×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.