How Fledged works
How Fledged calculations work
Fledged uses the mortgage details and payments you record to create helpful projections. They are illustrations — a way to understand the direction and possible size of a change, not a lender quote or financial advice.
Information and projections — not a recommendation
Fledged is not FCA regulated and does not provide financial advice. Our tools use the details you enter to provide factual information and illustrative projections, not personal mortgage recommendations. Your lender’s figures, terms and charges will apply. Check your mortgage offer and consider speaking with a regulated mortgage adviser for personalised advice.
What goes into a projection
For a repayment mortgage, Fledged uses your recorded balance, interest rate, remaining term and planned or logged overpayments. It applies a standard monthly repayment model to estimate a monthly payment, a potential mortgage-free date and estimated interest. When you log an overpayment, it is reflected in the plan you see.
Why the figure can differ from your lender’s
Lenders can calculate interest daily, monthly or on another schedule. They may apply an overpayment on a different date, reduce your term rather than your monthly payment, round amounts differently or have their own rules for fees and allowances. The rate on your mortgage can also change. Any of these can make the lender’s actual balance, payment or end date different from a Fledged projection.
What Fledged does not assume
A projection does not know future rate changes, property-value changes, lender charges, payment holidays, missed payments or the exact way your lender will process a payment. It also cannot tell you whether an early repayment charge applies. Check your mortgage offer and ask your lender before making an overpayment, especially during a fixed deal.
Keeping the picture useful
Update your balance, rate and deal dates when they change, and record overpayments as you make them. Use the result to start a conversation or test a plan, then treat your lender’s statement and repayment information as the source of truth for your mortgage.
Use the numbers as a planning tool
Try a monthly amount in the calculator, then keep the assumptions and lender rules in view.
Try the calculator