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Repay mortgage with savings?

Reveals the interest rate you'd need to get on savings to beat the benefit of overpaying your mortgage. Use in conjunction with the full Mortgage vs Savings guide.


It's worth paying off you mortgage with space cash unless you can get a gross savings rate of...

{{resultsData.totals.NoneInterestRate}}% as a non-tax payer.

{{resultsData.totals.BasicInterestRate}}% as a basic-rate tax payer.

{{resultsData.totals.HigherInterestRate}}% as a higher-rate tax payer.

or {{resultsData.totals.AdditionalInterestRate}}% as an additional tax rate tax payer.

See all current top rates in the daily updated Top Savings guide.

These rates don't factor in penalties for overpaying your mortgage.
For full details, read Mortgage vs Savings

IMPORTANT! Please read...

This information is computer-generated and relies on certain assumptions. It has only been designed to give a useful general indication of costs.

It's important you always get a specific quote from the lender and double-check the price yourself before acting on the information. We cannot accept responsibility for any errors (please report faults above).