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NatWest overpayments

jonathon10000
jonathon10000 Posts: 1 Newbie
in Mortgage-free wannabe
Hello
I was wondering if anyone knows how much I can overpay in a single lump on a NatWest mortgage before they reduce your monthly repayment? I have a feeling it's £1000 . :) Cheers

Comments

  • Craig2909
    Craig2909 Posts: 40 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Hi
    Natwest have a great calculator when you look online at your mortgage, it will either tell you how much your month DD will come down by or time off your mortgage - which ever you prefer.
    Then when you pay it off, you also decide which you want.

    Good luck

    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam

  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,308 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Best thing would be to phone and ask or read the terms and conditions of your mortgage.

    Through experience I found the mortgage adviser at the bank very helpful, just a few comments
    from him gave me, what I would call - inside info :) or hints. :j
    Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:
    MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_
    Now a Part Timer from 27.10.19
  • Jessy103
    Jessy103 Posts: 2,301 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Hi jonathon! I have a Natwest mortgage and can confirm it is £1000. I made an overpayment recently of just over a £1000 and it reduced my monthly payment by a tenner.

    Hope that helps :)
    Mortgage Balance as of July 2025 £14,900.
    Starting Mortgage Balance (June 2019) £72,000.
    Aiming to be mortgage free by my 40th birthday, June 2026!
  • South_coast
    South_coast Posts: 5,934 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    Yep, £999.99 and it'll stay the same. Their live chat is good if you have any specific questions
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
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