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    Annual / Periodic Overpayment Calculator

    Calculate the impact of lump-sum overpayments made annually, quarterly, or at any interval. Perfect for planning bonus payments or annual savings contributions.

    Amount to pay every 12 months (annually)

    Benefits of Periodic Overpayments
    • Pay off mortgage 3.8 years earlier
    • Save £33,154 in interest
    • Make 21 overpayments totalling £42,000

    Impact of Periodic Overpayments

    Interest Saved
    £33,154
    Time Saved
    3.8 years
    Total Overpayments Made
    21 payments × £2,000 = £42,000

    Without Overpayment

    Monthly Payment:£1,667
    Term:25 years (300 months)
    Total Interest:£200,249
    Total Payment:£500,249

    With Periodic Overpayments

    Base Monthly Payment:£1,667
    New Term:21.3 years (255 months)
    Total Interest:£167,095
    Total Payment:£467,095

    ℹ️Most mortgages allow overpayments up to 10% of the balance per year without early repayment charges. Check your mortgage terms.

    Important Information

    This calculator is for information purposes only and should not be relied upon as financial advice. The results are estimates based on the information you provide and may not reflect your actual circumstances. Always consult with a qualified mortgage advisor before making any financial decisions.

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