This calculator has been developed by MoneyWhizz to demonstrate the impact overpaying a mortgage can have. Use it to examine the impact of monthly overpayments, a lump-sum overpayment or a combination of the two.
Mortgage Tool
Overpayment Calculator
See how making extra payments could save you money and reduce your mortgage term.
€
3.50%
1%10%
25 yrs
1 yr35 yrs
€
€
Your Overpayment Summary
Interest Saved
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Total reduction
Time Saved
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Off your term
New End Date
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Was: —
| Scenario | Monthly Payment | Total Repaid | Total Interest | Term |
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This calculator is for illustrative purposes only and does not constitute financial advice. Results are approximate and assume a fixed interest rate throughout the mortgage term. Your actual savings may vary depending on your lender’s terms and conditions. Please check with your mortgage provider before making overpayments — some lenders impose early repayment charges. Always seek independent financial advice for decisions about your mortgage.
