You could reduce your mortgage term to
Your total savings: £{{calculatedTotalSavings}} Your monthly savings: £{{calculatedMonthlySavings}}
This example is based on the figures you have provided, but makes the following assumptions. The mortgage is advanced on the 1st of the month. No fees or costs associated with arranging or redeeming the mortgage have been taken into account. The initial deposit is credited to your account at the time the mortgage is advanced. The regular deposit is credited to your account at the end of the month. You make no withdrawals throughout the term of the mortgage and your regular monthly deposit does not vary.
Your home may be repossessed if you do not keep up repayments on your mortgage.