Mortgage overpay vs keep cash
Overpaying saves €28,342 interest and finishes ~55 months sooner
These are example numbers — change them. Not advice.
If you overpay the mortgage by a set amount each month, how much interest do you save and how many months sooner are you done — versus keeping that cash liquid? Numbers update as you type.
Auto-calculated from balance, rate, and term — edit if yours differs.
Simple amortisation — ignores fees, tax relief, and offset accounts. Not advice.
Result
Overpaying saves €28,342 interest and finishes ~55 months sooner
Interest without overpay
€140,478
Interest with overpay
€112,137
Payoff without overpay
300 months left
Payoff with overpay
245 months left
If you kept the extras in cash
Cash pile of extras (~€49,000) at 1.25% AER ≈ €14,146 over that period