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Original poster

Overpaying 20% on mortgage for 4 years...

4 replies

mrsreynolds · 14/02/2018 11:25

...how can I find out how much it would save on interest and term length?

OP posts:
ChessieFL · 14/02/2018 12:44

Check you’re allowed to overpay that much - many mortgages have a limit on the amount you can overpay before there’s a penalty so you will need to factor that in.

Original poster
mrsreynolds · 14/02/2018 12:52

Can overpay 20% on ours

OP posts:
riledandharrassed · 14/02/2018 12:58

Many won't let you go up to 20% , also look if this would impact early repayment charges - some are sneaky!

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