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We're currently making improvements to our Online Banking service.

If you registered for Online Banking prior to the 17th December 2014 it's not possible for you to activate your existing Secure Key and you will need to re-start your registration.

If you registered for Online Banking after this date, please log on to Online Banking entering your username, memorable answer and your password, from here you will be prompted to activate your Secure Key.

We apologise for any inconvenience which this delay may cause. Once you are registered, we look forward to introducing you to Online Banking, including the exciting enhancements we're working on now.

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Mortgage Overpayments calculator

The Mortgage Overpayments calculator calculates the time and interest saved paying off a loan when making regular monthly overpayments. The overpayments are made after the start of the loan, are paid monthly in addition to the standard monthly mortgage payments and remain constant throughout the term of the loan.

Interest Rates - The calculator assumes that interest rates will remain the same.

Overpayments - The calculator assumes that the overpayments illustrated remain constant throughout the life of the loan and are made on a monthly basis. If overpayments are made on an adhoc basis, this will reduce the standard monthly repayment not the projected loan term.

Warning - The information provided by this tool is for guidance, and does not include all of the details you need to choose a mortgage. Please ensure you obtain and review a separate Key Facts Illustration Help before you make a decision.

Key Facts Illustration (KFI)

A KFI requires all lenders to set out the details of all associated rates and fees for a mortgage product in the same format to enable customers to easily compare products.

If you wish to apply for a mortgage, please use our find and compare tool for details of the HSBC mortgages that may be available to you.

Take a look at the Making Overpayments section to find more information.


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Calculator Assumptions

Length of Month - Months are of equal length. However given some months are longer than others interest charged will vary depending upon the month.

Number of Weeks & Fortnights in a Year - One year is assumed to contain exactly 52 weeks or 26 fortnights. Thus each year has 364 days.

Rounding of Payment Amounts - The calculator uses the unrounded payment to derive the amount of interest payable over the full term of the loan, however, institutions round payments to the nearest pence. Unrounded payments provide for constant line within the graph. Note that the final payment after the increase in payment amount will be a partial payment as required to reduce the loan balance to zero.

Rounding of Time Saved - The time saved is presented as year/month saved. The figure is round down to the closest month thus slightly understates the saving.

Amount of Interest Saved - This number is not rounded and is approximated from the time saved and does not take into account any interest payable on the balance in the final month where it is not a complete month.

Interest Rates - The calculator assumes that interest rates will remain the same.

Overpayments - The calculator assumes that the overpayments illustrated remains constant throughout the life of the loan and are made on a monthly basis. If overpayments are made on an adhoc basis, this will reduce the standard monthly payment not the projected loan term.

The calculator does not factor in any charges for early repayments and is based on a capital repayment mortgage.

In order to set up an overpayment you will need to contact us on 0345 766 2255 once your mortgage is opened. Lines are open 08.00-18.00 Mon-Fri and 09.00-16.00 Sat.

The figures provided by the calculator are a guide only and are not a precise calculation.

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

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Need to talk to us?

Our mortgage specialists are here to help.

Call us:
0800 028 3844

Textphone: 1800 10800 028 0126

Need to talk to us?

Our mortgage specialists are here to help.



Call us:

0800 028 3844

Textphone: 1800 10800 028 0126



If you would like a face-to-face chat, just pop in to a branch.

Find a branch

† Lines are open 8am – 10pm everyday. Calls may be monitored and recorded.

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