mortgage overpayment Archives - Page 2 of 2

May 5, 2026 — Comments are off for this post.

Mortgage Overpayment Savings: How Much Could You Save? (2026)

Last updated: 13 October 2026

By Stiv · Design, technology and personal finance

I've overpaid my own mortgage through Sprive every month since October 2021, starting at £100 a month. This post is based on that real use and real numbers.

Most people know they should overpay their mortgage. Almost nobody knows by how much, or what it actually saves them. So we built a free mortgage overpayment calculator to find out. Then we ran our own numbers through it. The mortgage overpayment savings took us by surprise. We've since added a compare-to-savings toggle so you can see whether overpaying or saving the same money comes out ahead at your specific rates.

This article is for informational purposes only and does not constitute financial or mortgage advice. Mortgage products, rates, and overpayment terms vary by lender. Always check your lender's overpayment policy before making extra payments. 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. Your home may be repossessed if you do not keep up repayments on your mortgage. CoolCuration is not authorised by the Financial Conduct Authority.

See your own overpayment savings

Our free calculator shows what your overpayments could save, and whether saving the cash instead would beat them.

Open the overpayment calculator

Published by Stiv in Finance, Money, Money saving, Personal finance, Services

Tags: money saving, mortgage overpayment, mortgage overpayment calculator, mortgage savings, mortgage tips, mortgage vs savings, pay off mortgage early, personal finance, Sprive, uk mortgage

April 29, 2026 — Comments are off for this post.

Sprive vs Plum vs Chip: Honest Comparison (2026)

Last updated: 13 October 2026

By Stiv · Design, technology and personal finance

I've used Sprive since October 2021, making monthly overpayments on my mortgage through the app. This comparison is based on that real use alongside Chip and Plum.

Sprive vs Plum vs Chip is the question that keeps coming up whenever anyone in the UK talks about saving money automatically. All three apps promise to do the hard bit for you. But they are not the same thing, and picking the wrong one means you are either missing features you need or paying for ones you do not. Here is how they actually compare after months of using all three.

Between the team, we run all three. Sprive handles mortgage overpayments. Chip is our primary auto-saver. Plum runs alongside Chip so we can see how the two compare in real life. Each has earned its place on someone's home screen, but for very different reasons.

This article is for informational purposes only and does not constitute financial advice. Some apps in this comparison offer investing features, which carry risk including the possible loss of capital. Your home may be repossessed if you do not keep up repayments on your mortgage. CoolCuration is not authorised by the Financial Conduct Authority. 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.

Sprive's current sign-up offer

If Sprive ends up being your pick of the three, the latest welcome bonus is always on our referral page.

View the current Sprive bonus

Comparing money apps? The three-way verdict is below. For everything we have written on Sprive in one place, see our Sprive guides hub.

Published by Stiv in Apps, Finance, Money saving, Personal finance, Saving

Tags: app comparison, auto-saving apps, Chip, Chip vs Plum, fintech UK, money apps UK, mortgage overpayment, personal finance uk, Plum, savings apps UK, Sprive, Sprive vs Chip

April 1, 2026 — Comments are off for this post.

Best Mortgage Overpayment Apps UK: Tested and Compared (2026)

Last updated: 13 October 2026

By Stiv · Design, technology and personal finance

I have overpaid my own mortgage since 2021, with Nationwide and now Halifax, and have been testing mortgage overpayment tools throughout, including Sprive alongside manual standing orders and savings apps.

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.

After the Sprive bonus?

Sprive leads the comparison below, and the sign-up offer it currently runs is covered on our referral page.

Grab the Sprive offer

Looking for the best mortgage overpayment apps in the UK? Whether you want an app that automates everything, a savings tool that builds your overpayment pot, or a budgeting app that finds spare cash you didn't know you had, there are more options in 2026 than ever. I've tested and compared the main contenders so you can find the right one for how you actually manage money.

Published by Stiv in Finance, Mortgage, Saving, Services

Tags: best mortgage apps UK, cashback apps UK, Chip, chip app, Emma, mortgage apps UK, mortgage overpayment, mortgage overpayment apps UK, mortgage overpayments, Open Banking, pay off mortgage faster, personal finance uk, Plum, Plum app, savings apps, Sprive, Sprive app

March 17, 2026 — Comments are off for this post.

Overpay Mortgage or Invest? UK Guide to the Right Call (2026)

Last updated: 13 October 2026

By Stiv · Design, technology and personal finance

We faced this decision ourselves. Since October 2021 I've overpaid my mortgage every month through Sprive, first with Nationwide and now with Halifax, and the total reached £10,237.41 by 13 October 2026. This guide covers how we thought through the trade-off and what factors are worth considering.

Should you overpay your mortgage or invest the spare cash instead? It's one of the biggest personal finance questions UK homeowners face right now, and the answer isn't as obvious as either side would have you believe. With the Bank of England base rate at 3.75% (held 17 September 2026; next decision 5 November 2026, per the Bank of England), average two-year fixed mortgage rates around 5.64% as of early June 2026 (source: Moneyfacts), and top savings accounts paying around 4.75%, the maths is closer than it has been in years. This guide walks through the key factors, the trade-offs, and a practical framework to help you decide what makes sense for your situation. Our free mortgage overpayment calculator now also has a compare-to-savings toggle, so you can run both sides of one of those scenarios in seconds.

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. This is information, not financial advice, and CoolCuration is not authorised by the Financial Conduct Authority.

The Sprive bonus, if overpaying wins

Should the overpayment side win out for you, the current Sprive welcome offer lives on our referral page.

See the latest Sprive offer

Your home may be repossessed if you do not keep up repayments on your mortgage.

Capital at risk. The value of investments can go down as well as up and you may get back less than you invested. Past performance is not a reliable indicator of future results.

Published by Stiv in Finance, Investing, Mortgage, Saving

Tags: FTSE 100, investing vs mortgage, mortgage interest, mortgage overpayment, overpay mortgage or invest, pay off mortgage faster, personal finance uk, savings rates UK, Sprive, stocks and shares isa

October 8, 2025 — Comments are off for this post.

What Is Sprive, and How Does the App Work? (UK Guide 2026)

Last updated: 24 October 2026

By Stiv · Design, technology and personal finance

I've used Sprive since October 2021, with Nationwide and now Halifax as my lender. This guide is based on the actual setup process and daily use since then.

How does the Sprive app work? You link a current account and your mortgage, then set a monthly saving range. Sprive collects money by direct debit into a safeguarded balance, based on your spending. With one tap, that balance goes to your lender as an overpayment. Cashback from gift cards bought in the app adds to the same pot.

The one thing to check first is your lender's overpayment allowance, usually 10% of the balance a year on a fixed rate. Go over it and you can pay an early repayment charge, so set the range with that limit in mind.

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. This is information, not financial advice, and CoolCuration is not authorised by the Financial Conduct Authority.

Just here for the sign-up bonus?

The current Sprive offer and the steps to claim it are always kept up to date on our referral page.

Get the Sprive sign-up bonus

Your home may be repossessed if you do not keep up repayments on your mortgage.

Getting started with Sprive? This guide covers the basics. For everything else, from cashback to the prize draws, see our Sprive guides hub, all in one place.

Published by Stiv in Finance, Personal finance, Saving, Services

Tags: cashback apps, cool curation, finance app, how Sprive app works, mortgage helper, mortgage overpayment, mortgage saving, Open Banking apps UK, pay off mortgage faster, personal finance uk, referral app, smart money apps, Sprive app, uk money tools