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paying up fixed rate morgage early!

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we are hoping to finish our lloydstsb morgage next summer but will still have 2 years left on our fixed rate,
we will hopefully pay £8000 lump sum in jan leaving £5000 left we already have £2000 in our account for the final payment leaving £3000 to save.
now do anyone know if i will need to pay a sum as i have paid it up early? is it work just leaving couple hundred till end of fixed rate?
if i do have to pay is it on the last payment eg. if i leave couple hundred wouldnt thought it would be much?

Comments

  • bullybear
    bullybear Posts: 88 Forumite
    We are doing thei same and we are in 5 year fixed and we will be 2 years early what will happen is the offset will counter the balance and we will not pay any monthly payments and after end of the five years consolidate the mortageband no early payment charges.

    Good luck offset it don't pay it off
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