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CALCULATORS

Mortgage Overpayment Calculator

If you are thinking about making overpayments on your mortgage to reduce the amount outstanding to the lender you can save yourself money by paying less interest and you can pay off your mortgage quicker. Use our calculator to work out how much money you could save and how quickly you could get your mortgage paid off by entering different overpayment values.

This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of lenders.

Please be aware that you may have to pay an early repayment charge if you remortgage or make an overpayment.

Make an appointment to receive mortgage advice suitable for your needs and circumstances.

Your home may be repossessed if you do not keep up repayments on your mortgage


Enter Details
Loan amount: GBP
Annual interest rate: %
Loan term: years
Start date of mortgage:
Additional payment amount: GBP
Number of times you will make
the additional payment per year:
Start date of additional payments:

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Jargon free Mortgage and Insurance advice? Give us a call today to find out how we can help find your next mortgage. We love to hear from clients old and new. 

Our office hours are:   Mon to Fri 09:00am to 05:00pm    Sat 09:00am to 12:00pm    Sun closed all day

Think carefully about securing other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.

Typically, we do not charge a fee for our service in relation to mortgage contracts, but in cases where there is additional complexity and work involved in your case a fee maybe charged. The amount we will charge is dependent on the amount of research and administration that is required. The precise amount will be discussed and confirmed with you in our accompanying fee agreement at our initial consultation.

Some forms of Buy to let Mortgages are not regulated by the Financial Conduct Authority

Maxwell McMahon Limited is an Appointed Representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority.

Maxwell McMahon is registered in England and Wales no: 12100696  Registered Address: 167-169 Great Portland Street, 5th Floor, London, W1W 5PF

The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK

 

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