Additional Payment Calculator

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This Interst Only Calculator will show you the difference in monthly payment between an interest only mortgage and a repayment or capital and interest mortgage

You can save money and shave years off the length of your loan by paying more on your monthly mortgage payment than your regularly scheduled amount. How much can you save? Fill in the boxes below, including the amount of the additional payment and the number of times you will make that increased payment each year.

Loan amount: (£)
Annual interest rate: (%)
Loan term: (Years)
Start date of mortgage:
Additional payment amount: (£)
Number of times overpayments per year:
Start date of additional payments: