Free mortgage calculator

Mortgage overpayment calculator

See how regular overpayments could cut your term and save interest.

Built and checked by the advisers at Spolton Mortgages, former bank managers who are CeMAP qualified and FCA registered.

701

Five-star reviews

VouchedFor 2019–2026

Local

Family-run since 2017

Registered · No. 993383

Check your lender’s overpayment limits first, as exceeding them can trigger an early repayment charge.

Remortgaging Remortgaging FAQs

The power of overpaying

Even modest monthly overpayments can shave years off your mortgage and save a meaningful amount of interest. Enter your balance, rate, years remaining and a monthly overpayment to see the effect.

Most lenders allow overpayments of up to 10% of the balance each year without penalty, but check your deal. We can review whether overpaying or remortgaging makes more sense for you.

Your home/property may be repossessed if you do not keep up repayments on your mortgage.

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What clients say

701 verified reviews, rated 5.0

258 reviews on Google and 443 on VouchedFor for 4 advisers, all independently verified. A 5.0 average across both.

5.0 average · Google & VouchedFor

VouchedFor

We have used Nick in the past, so decided to seek his assistance second time round also. I am self employed so it adds extra complications and find it so easy using Nicks services. Nick helps explain everything in layman’s terms, he ensures we understand what each and every company has to offer and their differences so we can make educated decisions. Twice now we have got a mortgage that is best for our needs. Genuinely really pleased with Nick every step of the way.

Verified client in Lincolnshire

Review of Nick Spolton

VouchedFor

Buying a new house Yes, Nick was off great help. Not just in terms of directing us to a good deal, but helping us understand the process and putting us at ease at a stressful time. The outcome has been perfect. I honestly can't imagine what could be done better.

Verified client in Lincolnshire

Review of Nick Spolton

VouchedFor

We were First time buyers looking for help through the process. Seth helped us through the whole process. He was extremely knowledgeable and worked to get the best product for us. Yes.

Verified client in Lincolnshire

Review of Seth Jackson

VouchedFor

To get advice to see if I would be able to afford a mortgage, if it was likely to get a mortgage. He was able to reassure me and he gave me confidence in his knowledge in enabling me to get a mortgage on my own. Yes, Nick Spolton made sure everything was in place and he didn’t move forward until this was done. Resulting in being offered a mortgage the day after he submitted all the information. I feel Nick went above and beyond and couldn’t have done enough. Nothing needed to be done better.

Verified client in Lincolnshire

Review of Nick Spolton

VouchedFor

We were looking at moving house and would require a larger mortgage Helped to get our mortgage for our new home, ensuring we got the best deal. He went above and beyond when we had any questions or issues throughout the legal process Yes Nothing! 10/10 service.

Verified client in Lincolnshire

Review of Seth Jackson

701

Five-star reviews

5.0★

Average rating

Read all 701 reviews

From first chat to front-door key

Let’s make your move simple

Free, no-obligation consultation. We listen, compare the whole market, and hand you a clear plan, no jargon.

Free until your offer is approved No jargon, no pressure Whole-of-market advice

Your home/property may be repossessed if you do not keep up repayments on your mortgage.

Our service is free until you receive a fully approved mortgage offer. There may then be a charge which, depending on your circumstances, will typically be £299, payable upon receipt of an approved mortgage offer. Our fee is discounted to £199 for Armed Forces and Blue Light Card holders.

Our fee is discounted to £199 for Armed Forces and Blue Light Card holders.

For remortgages, if best advice is to switch rates with your existing lender then we charge no fee at all.

Your home/property may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage.
As with all insurance policies, conditions and exclusions will apply.
Not all Buy to Let Mortgages are regulated by the Financial Conduct Authority.
Equity release is arranged by introduction only.

Spolton Mortgages is a trading style of Spolton Ltd, which is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority. FCA Number 993383.

Founded and incorporated on 7 August 2017. Spolton Mortgages is a trading name of Spolton Ltd (FCA Number 993383). Registered Company Number: 10903440 (view on Companies House). Registered in England and Wales.

Registered Office: Spolton Ltd, Spolton Mortgages, 6 Mill House, Carre Street, Sleaford, Lincolnshire NG34 7TW.