Paying off early

Jonny2019

I currently pay £600 a month mortgage while it’s on a fixed 1.9% interest rate till 2022, will these arranged overpayments be taken in to account towards my 10% a year charge free Or will I be able to pay another 10% on top a year?

BoGoF

So the £600 is more than your contractual payment? If so, it will count towards your overpayment 'allowance'

Jonny2019

Usually pay £346 a month but pay £600 because I thought hitting it while the interest rate is low make sense to me

D.L

Why would low interest rates incentivise you to overpay? Surely it's the opposite.

Thrugelmir

D.L wrote: »

Why would low interest rates incentivise you to overpay? Surely it's the opposite.

What alternative form of action would you suggest?