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@rhowe @±ln(x) - Cheers those are the sort of things I was after.
The MSE calculator takes into account the tax free element.
Ultimately we’re not talking about vast sums and it is a bit depressing when you are talking about a couple of hundred £s. I guess every little helps though and the biggest difference is actually just putting away or overpaying some money.
hugo7
@rhowe
Another interesting (ah-ha!) thing to watch out for when overpaying is that when you overpay your mortgage company will likely reduce your standard monthly payment slightly because you have a smaller loan than they expected when they did your initial calculation.
So, if you wanted your overpayments to reduce your overall term by, say, a year and you calculated what you needed to overpay to do that and divided that over a number of years to work out a monthly overpayment figure then you may find that because the standard payment keeps getting reduced you've only reduced your term by 11 months or so because you thought you'd be repaying say £1,100 a month instead of £1,000 a month but you actually paid £1,100, then £1,098, then £1,096, then £1,094 etc.