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Lump Sum

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Paying a lump sum off your mortgage in one go can seriously reduce your mortgage to. You'll be surprised how a small amount can shorten the term of your mortgage.

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

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

Mortgage amount.
Enter the amount of your mortgage

Interest rate.
Enter the current interest rate of your mortgage.

Mortgage term in years.
The term of the mortgage in years.

Extra lump sum.
Enter the total of the lump sum you would like to pay off your mortgage.

Years from start of mortgage.
How many years has your mortgage been running.

Mortgage amount.
Interest rate.	%
Mortgage term in years.
Extra lump sum amount.
Years from start of mortgage.

Results

The results show what your minimum monthly payment will be, and time and interest you will save.

Minimum monthly payments.
Time saved.
Interest saved.

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.