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overpaying when one has multiple loan parts

edited 30 November -1 at 1:00AM in Mortgage-Free Wannabe
7 replies 371 views
TaramaTarama Forumite
45 Posts
Tenth Anniversary Combo Breaker
edited 30 November -1 at 1:00AM in Mortgage-Free Wannabe
Hi

I wish to overpay mortgage - owe £45500 and can overpay 10%, which I have to do before the end of December. This is spilt into 4 loan parts -

4900
26100
13700
751

What I am trying to work out is, does it matter in financial terms, which of these loans to pay to? Are any better to pay to than others or is it more economical to pay a sum off them all?

I would appreciate any thoughts on this.

Thank you Tarama

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