Archive for May 8th, 2008
What can it do, and what is, a mortgage overpayment calculator?
It simply calculates how many years you can knock off your mortgage and how much cash you can save by making overpayments each month.
If your monthly payments are five hundred then try paying five fifty or six hundred. You’d be surprised at the results later.
Most mortgages last 25 years. The savings that can be made are huge by paying a bit more each month.
You cannot fail to save at least some time if you can afford to pay just a little more each month.