Overpayments

lvcol

We have 2 mortgages running as recently had an extension.  I would like to know which one is best to overpay on.  They are both for the same term but one is in the last year of a 5 year fix at 2.39% and the newer one is in the first year of a 3 year fix at 1.99%. I’m getting confused as to which one is best to overpay on? Thanks

lvcol

Also to add the mortgage at 2.39% is the larger amount to be paid off

julicorn

Overpay the one with the higher interest rate.