Pay off your mortgage early

Have extra money? Compare whether it's better to pay down your mortgage or invest it.

How does it work?
1
Do nothing

You pay your normal monthly payment. This is your baseline.

2
Pay early

Each year you make an extra payment that reduces what you owe. You pay less interest and finish sooner.

3
Invest

Instead of paying extra on the mortgage, you invest that money. You keep paying normally. When your investment exceeds what you owe, you pay off the mortgage in one go.

135
0.5%7%
1%15%
Do nothing 20 years to finish 2046
Pay early 14 years to finish 2040
Invest 16 years to finish 2042

What you still owe

What it really costs you

If you invest, the investment profit reduces your total cost. The green part is money you get back.

Do nothing

Total you pay €0
Just in interest €0

Pay early

Years you save 6 años
Interest you save €0
Total you pay €0

Invest

Total you pay €0
Your investment will be worth €0
Profit from investing €0
Profit after tax €0
Total cost €0

Before overpaying, check your rate

If your mortgage rate is high, lowering it can save more than overpaying. We review it for free.

Request free review
Estimate only. Doesn't account for tax benefits or early repayment fees. Tax on the investment gain is estimated using the 2025 Spanish savings income brackets (19%, 21%, 23%, 27% and 30%).