Looking to check calculation for mortgage

Just trying to see if my calculation is correct, I've a mortgage that I have been making prepayments on for years.

• Current balance is 91445
• Rate = .55%
• Original maturing was November 2022

I'm currently paying €1461 per month (told them to freeze it when rates started dropping a few years ago) so it looks like I am paying c.350 extra per month.

If I keep that up I'm trying to figure out when the balance will be paid off?

Roy

Around 5 years and 5 months from now assuming interest rates don't change.

If you might trade up before 2022, then you probably should not be overpaying your mortgage as you could bring the tracker with you, depending on your lender.

Brendan

In a little over 5 years at current rates.

Hello Roger,

Put your figures in here :

https://www.drcalculator.com/mortgage/ie/

Should give you a close enough answer

Brilliant - thank you gentlemen!

R