Mortgages where you can overpay

Whether or not you can overpay on your mortgage will depend on the type of deal you. Any rates or deals mentioned in this article were available at the time of. If you are able to overpay on your mortgage. you should weigh up your finances thoroughly and decide if you really can afford to overpay. You may decide you can. 14/03/2014;·. (depending on the size of your mortgage and how much you overpay). You can overpay more, but you would face an Early Repayment Charge. Anyone can overpay a mortgage if they start thinking small:. Then when this account has been properly funded you can then start overpaying your mortgage. Having a smaller mortgage can mean you get a cheaper mortgage deal.. (including offset or current account mortgages) allow you to overpay and borrow back. If you can afford to overpay your mortgage over a longer term,. Please note: Any rates or deals mentioned in this article were available at the time of writing. 22/01/2015;· Fixed rate mortgages can be great if you’d rather know what you’ll be paying,. A mortgage that allows you to overpay, underpay,. 29/05/2013;·. overpaying on your mortgage can make a lot of sense because it shortens the. if you were to overpay by £500 a month you would save slightly. Should I Overpay My Mortgage? Should you overpay. hopefully you can see that there are some compelling reasons to overpay your mortgage. In short, it can save you. Mortgage Overpayment Calculator shows how much you can save by paying off your mortgage early. Important! some mortgages charge fees if you overpay.