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Overpayment calculator help please

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Comments

  • moomi
    moomi Posts: 339 Forumite
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    You!!!8217;re right Violalass, it!!!8217;s between £17 & £19. So once the bigger bit paid off I could pay the rest off lower amount (10% max per year I believe)?
    Mortgage Balance May 25- £9975. Planning to be paid off by Dec 25🎄
  • ViolaLass
    ViolaLass Posts: 5,764 Forumite
    You could, although you'd still be better off not paying it off and earning interest elsewhere.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Read up on snowballing.

    applies to 2 debts or 10.
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