Math RWLO Template Title Placeholder
Let’s assume you have a repayment mortgage of £150,000 that you’re paying back over 25 years, and you’re paying 5% interest. Your current monthly mortgage payments would be just under £877 a month. If you could pay an extra £150 a month, that would cut your mortgage term from 25 years to 18 years 10 months. So you would have reduced ... ................
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