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Extra Payment

Be prepared to be stunned! paying as little as £10 pound a month can seriously reduce your mortgage.

Think carefully before securing other debts on your home. Your home may be repossessed if you do not keep up repayments on your mortgages.

A fee may be charged for advising on or arranging mortgages or between 1 and 3% of the sum borrowed. The exact amount will depend upon your circumstances but we estimate it will be 1% of the loan amount.

Calculators are for illustration purposes only. Complete an Enquiry Form to enable us to provide you with full advice and find the most suitable mortgage for you.

Calculator
Original mortgage amount.
Enter the amount you originaly borrowed for your mortgage.

Interest rate.
Enter the interest rate you are currently paying.

Mortgage Term.
The term of the mortgage in years.

Extra monthly payment.
Enter the amount you would like to pay extra each month. only enter the extra payment, and not what you would like the total payment to be.

How many years
Enter how many years your mortgage has been running to the nearest year.
%

Results

Minimum monthly payments
Shows the minimum monthly payment om your mortgage.

Increased monthly payments.
This shows you what your increased monthly paymeny will be.

Time saved.
Shows the time period saved by increasing your monthly payment.

Interest saved.
Shows the interest you will save.
   

The advice and / or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.