Overpayment calculator with schedule of monthly p'ments?

crusty_toenail

Hi all,

I have a mortgage with A&L - flexible at 2.99%, term 22 years and 8 months, balance £27,169. Repayments are £142.11 per month.

I have decided to overpay to clear this within four years.

I have worked out that if I over pay by £500 per month, it will be clear in 4 years, although I have a lump sum of £3000 to put towards it this month also.

I would like to see a monthly schedule of my mortgage payments if I do the above but can not find an overpayment calculator with this facility.

Would anyone know where I could find one.

Thank you!

Crusty

black_taxi_2

http://www.whatmortgage.co.uk/calculators/what-if-i-over-pay-my-mortgage/

black_taxi_2

balance

- £3000 - £142.11

£24024.89

£500 o/p 3.4 years

cb4fwh

You sound like you need a copy of Locoblades spreadsheet...

http://forums.moneysavingexpert.com/...1157173&page=1

crusty_toenail

cb4fwh wrote: »

You sound like you need a copy of Locoblades spreadsheet...

http://forums.moneysavingexpert.com/...1157173&page=1

That is exactly what I have been looking for! Thank you.
When you see the capital balance reducing every month when you are overpaying it is such an incentive to stay on track!:beer: