Find out how much you could save by paying more than the standard monthly payment off your loan!
By overpaying you could save ???, and reduce your loan term by ? years and ? months!
If the interest rate of your current product is not competitive you should strongly consider a consolidation loan at a better rate of interest. If you choose one that allows over-payment you will be able to overpay even more each month than you can with your existing product!
Not all lenders allow over-payments, and some may charge a fee. You should take this into consideration before over-paying.
Be aware that many lenders impose a percentage maximum on the amount you may overpay in any given year.
These results should be taken as a guide only. Actual term reduction and interest savings may vary depending on how your lender calculates interest (daily, monthly, annually, etc.)