There are three ways to pay less interest: bigger deposit, shorter mortgage term and making overpayments.


If you can put down more deposit, you’ll qualify for lower interest rates.


A shorter mortgage term means bigger monthly payments, but it also means you’re paying off the loan faster (and therefore, paying less interest). An advisor will help you work out the best term for you.


Overpayments are extra payments you make towards your mortgage.

Did this answer your question?