Mortgage Repayment Options

How you repay your mortgage affects how much interest you pay, your monthly payments, and how quickly you build equity in your property. It’s important to understand the options available.

Main mortgage repayment methods:

  • Capital Repayment (Repayment Mortgage):
    You repay both the loan amount and the interest each month. By the end of the term, the mortgage is fully cleared. This is the most common type for residential mortgages.

  • Interest-Only Mortgage:
    You only pay interest each month. The loan itself remains outstanding and must be repaid in full at the end of the term, usually from savings, investments, or sale of property. More common in buy-to-let mortgages.

  • Part & Part Mortgage:
    A combination of capital repayment and interest-only. Part of the loan is repaid monthly while part remains to be settled at the end.

  • Overpayments:
    Many lenders allow you to pay extra towards your mortgage (within limits), helping you clear the loan faster and reduce total interest costs.

Choosing the right repayment strategy depends on your income, goals, and long-term plans. We help you balance monthly affordability with long-term financial security.

"Choosing how to repay your mortgage can have a big impact on your financial future. We’ll clearly explain your options and guide you toward the repayment plan that fits your budget and long-term goals."