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

    @ruthracheal Meh, it's okay. Probably will filter non expert opinions. Tbf I could have looked at the option on the MSE website.
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    MSE overpayment calculator suggesting it is better to overpay a 3% mortgage than save interest at 4.5%

    @honoluluwindow Ahh okay, like I said not an expert but could be worth thinking of. Just thought it's unlikely MSE would make a mistake this big on a calculator...
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    MSE overpayment calculator suggesting it is better to overpay a 3% mortgage than save interest at 4.5%

    @slaw7777 Not an expert, but guessing it might be due to taxes on gains from savings in interest. Edit: basic tax payers have a limit of £1000 before interest from savings is taxable. If you have 20k in the bank getting 4.5% that's pretty close. So in the last few years, >20k savings you will...
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