The following assumptions are used for the calculations:
Overpayment schedule is based on calendar year.
Overpayments result in a reduction in the mortgage term, not in the monthly payment.
Maximum overpayment is set at 10% of remaining debt.
Reach out to john at collectmykeys co.uk for feedback or suggestions.
Mortgage Summary
Principal Loan Amount:
Original Loan Term: years
Total Repaid Over Loan Term:
Total Interest Paid:
Property Price + Interest Repaid:
Fixed Rate Period:
Monthly Repayment:
Effective Monthly Payment:
Total Paid:
Interest Paid:
Variable Rate Period:
Monthly Repayment:
Effective Monthly Payment (Variable, with Overpayment):
Total Paid:
Interest Paid:
Overpayment Summary:
Total Overpayments Made:
Total Repaid Over Loan Term:
Total Interest Paid:
Interest Saved:
New Loan Term: (ends )
Property Price + Interest Repaid w/ Overpayment:
Annual Breakdown
| Year |
Rate Type |
Balance (Start of Year) |
Overpayment |
Overpayment % |
