Last updated: 13 October 2026. I checked every rate and lender option in this guide on how to reduce mortgage payments against the Bank of England, Moneyfacts and Citizens Advice on 13 October 2026.

By Stiv · Design, technology and personal finance

I've overpaid my own mortgage through Sprive every month since October 2021, and in June 2026 I remortgaged from Nationwide to Halifax. These are the moves I've actually used or weighed up for myself.

Disclosure: This article contains affiliate and referral links, which are paid links. If you click one and buy or sign up, I earn a commission or referral bonus at no extra cost to you. Brands don't choose what I feature or what I say about them.

Not financial advice. CoolCuration is not authorised by the Financial Conduct Authority. This article is for information only. Your home may be repossessed if you do not keep up repayments on your mortgage. Consider speaking to a qualified mortgage adviser before you change your repayment plan.

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If you want to reduce mortgage payments, there are two different jobs to do. The first is cutting what the loan costs you: getting off an expensive rate, timing your remortgage and plugging the leaks that drain your budget. The second, meanwhile, is lowering the monthly figure itself when money is tight. Be aware, though, that some ways to shrink the monthly payment cost you more over time.

Looking to clear it sooner instead? Our guide to paying off your mortgage faster is the speed plan, and everything we have written on Sprive, the app I use to overpay, sits in our Sprive guides hub.