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Paying off the mortgage early

3 replies

FawnDrench · 09/01/2019 19:02

I understand there's some sort of web site or tool or perhaps even an app which tells you how much you need to pay extra per month in order to pay off the mortgage so it ends on a certain date.
I have no idea what to search for to find it though...

I am currently over 5 years into a 10 year fixed rate deal which ends in 2023.
I've been overpaying for years, increasing slightly the sum each year but obviously I want everything to end at the same time and not incur any early repayment charges.

Has anyone got any advice or is able to point me in the right direction to get the figures I need?

Many thanks.

OP posts:
cloudtree · 09/01/2019 19:03

its on the moneysavingexpert website

FawnDrench · 09/01/2019 19:16

Thank you so much @cloudtree -just what I was looking for.

OP posts:
Dancingtothemusicoftime · 09/01/2019 21:21

Here it is OP - it's so useful Smile www.moneysavingexpert.com/mortgages/mortgage-overpayment-calculator

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