Remortgage question about term

Novice_investor101

Next June my 5 yr fix is due to end. I originally took it out for 25 years. I will probably move to a new provider then.
I've been looking at new deals ahead of time & see that my payments would be lower if I took a new deal on a 25 yr term again instead of a 20 yr term. I know this is cos the term is longer but I currently pay £350 a month & my payment would possibly drop to £250 a month on a new 25 yr term. On 20 yrs it could go down to about £300.
I intend to overpay & keep the payment at £350. Is it better to go for 25yrs & overpay £100 or stick at 20yrs & overpay £50? Or does it make no overall difference in how fast I can pay it off/pay less interest?
I certainly intend to have it gone before 20yrs is up, I'm just wondering what the best strategy is come next year.

YHM

I would always advocate that if you can afford a cheaper term, then commit yourself to it. If you opt for a 25 year term and had an extra £100 in your back pocket, you may not commit to overpaying and you are back to square one.

If you are still making a £50 a month saving, yet keeping your term on track as it is, then do that. Or even better! Commit the £50 saving straight to your mortgage and change your term to 17 / 18 years at the point of remortgage.