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    MSE overpayment calculator suggesting it is better to overpay a 3% mortgage than save interest at 4.5%

    @honoluluwindow Loan 132k, term 40y, mortgate interest 3.5%.
  2. S

    MSE overpayment calculator suggesting it is better to overpay a 3% mortgage than save interest at 4.5%

    @dungmarketing418 Ah yes that looks right. It's just talking about the interest you earn.
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    MSE overpayment calculator suggesting it is better to overpay a 3% mortgage than save interest at 4.5%

    @honoluluwindow Yes I agree, the "Compare to savings" part doesn't seem to be calculating correctly. I plugged in 5% interest rate (just as a nice round number), £200 savings per month, and over the course of 22 yrs 4 months it claims you'd make £45,093 in interest. The actual figure is more...
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