MORTGAGE TERM
Shorter mortgage term calculator
Compare monthly payments and lifetime interest for two repayment terms.
Estimated result
£1,582/mo
- Current payment
- £1,267
- Monthly increase
- £315
- Estimated interest saved
- £76,427
Assumes the rate remains constant and excludes product fees and early repayment charges.
SOURCES & REVIEW
Checked against official guidance
Last checked 14 July 2026 · Rule version GB-2026.27.1
MoneyHelper: Repaying your mortgage early ↗COMMON QUESTIONS
Frequently asked questions
Is this an exact quote or tax return?
No. It is an estimate based on the inputs and assumptions shown.
When was this checked?
The method and linked official guidance were reviewed for the current UK release.