Overpayments to reduce payments and not term.

Hi- was just wondering if there's any flaw in my tactic.

We are about to sign for a house.

We are paying 1220 mortgage a month(fixed for 5) and the mortgage is 27 years

If we over pay a lot in the first few months and we keep the term the same would I get the following benefits.

- less interest over term.
- reduced monthly payments so when I get income protection to cover mortgage I will need to cover less. So it de risks me going forward?

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