Sally's Story

Sally runs her own business. She has a £80,000 mortgage and an average Business Current Account balance of £8,000.

The Business Offset Service automatically offsets her Business Current Account balance against her Offset Flexible Mortgage so she only pays interest on £72,000.

Sally saves £25,702 in mortgage interest and pays her mortgage off 3 years and 11 months early.

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 How is this Calculated?