Calculators

Annual Overpayments and ERC Calculator

To help illustrate the benefits of making optional lifetime mortgage payments.

We have created an annual overpayments and ERC calculator to make it easier for you and your clients.

Enter the property value, loan size, interest rate, and when your client wants to repay, and the calculator will demonstrate the impact of the payments on the balance, the remaining equity and whether any ERCs are applicable.

Property value

Initial advance

Interest rate (MER):

Annual house price change:

Product (Please select which product you want to calculate the annual overpayment amount for):

Emerald
12% ERC-free repayments

Classic
10% ERC-free repayments

Sovereign
10% ERC-free repayments

Heritage
10% ERC-free repayments

Repayment amount:

Year to apply payment:

Note: Minimum and maximum payment rules apply please refer to your KFI/Offer for full details.