Will Monzo be offering mortgages at some point in the future? I remember it being something that was on the roadmap when I first signed up at the end of December 2018, but if disappeared about a year later with no mention of it since 
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Fairly sure they were also hiring someone experienced in home ownership etc so might be on the way eventually.
In the short term - did someone say a major update to our overpayment calculator in the next week or so? 
Practically speaking, that’s always been me hiding in plain sight! 
We have indeed been hiring for a Senior Product Manager to cover ‘Homeownership’ but mortgage experience isn’t a requirement (like we don’t often require banking experience for other roles). Hopefully we can introduce them to the Community over the coming months! 
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@HB I take it the new overpayments is incoming… Currently getting an error
I have checked and I’ve got the new overpayment calculator page 
Still broken for me, android v5.61
I shall never surrender! 
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Thanks for letting us know - I’m currently on holiday 
but the team know (@gary’s on the case) and doing some investigation!
If needed he might DM you for your Monzo email address if we’re struggling to debug from afar 
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Thank you! You can bet that I was still racing to update the app on Monday to see the new calculator land whilst being on the other side of the world!
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We’ve launched our new overpayment calculator 
We first launched our overpayment calculator shortly after leaving Labs in April 2023 to help our customers understand the powerful, compounding impact of making lump sum or regular overpayments. Since then, it has become one of our most important (and used!) features. We’ve seen some great feedback along the way, and - paired with a couple of known areas we’ve wanted to improve - we are happy to introduce you to the latest version of our Overpayments Calculator!
What’s new?
- Usability improvements: Use the tabs and slider to quickly and easily compare the impact of making different overpayment amounts.
- Incorporating our broader Homeownership product: We’ve added lots of new features to Homeownership including deal reminders and property equity. We now use this new information to generate best-in-class assessments about the impact of overpayments.
- We’ll even tell you how old you’ll be when you’ll be mortgage free!
It’s been really great to hear everyone’s feedback, keep it coming! We read all of it and love hearing what’s working well for you and how we can improve things. You can leave feedback here or via the feedback form in our part of the app - ideas are welcome! 
How to get it:
- Update your app to 5.61
- Connect your mortgage if you’ve not already done so
- Go to your mortgage and tap Get started to… get started!
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This was great work by Gary and the rest of the team! I think this now takes us to one of the most powerful (and above all intuitive & educational) overpayment calculators out there!
I love the fact that if you’ve used our other tools, there’s nothing else you need to get these super rich insights! 
Let us know what you think!
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Great work by the team! The truth is that Monzo tells me much more about my mortgages than either of my lenders! and it’s all available in the Monzo app… quite remarkable.
One thing that would improve it for me is graphs. I love a good graph / visual ; ideally showing historic balances and future forecasts with markers for now, deal end date and final payment. Sure it may not be that interesting to some folks , but I find a graph easier to read that stacks of numbers. 
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Ditto, hate to be another person asking for the earth but it’s all pretty texty and some graphs would be great. Overall fantastic work by the team, loving all the innovations in the app at the moment and it makes me proud to bank with, and recommend, Monzo.
Keep up the great work
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Thanks for the positive feedback gang! We definitely have graphs on our mind and can see the appeal (I love me a graph! 
) but we’ve actually struggled when we’ve tested with customers over the course of the last 12 months or so!
Our assumption is that there’s a group of folks who reading a graph comes naturally (probably a lot of the people at Monzo and on the Community) but for others it takes a lot of mental load to understand what’s being communicated.
Buuuut, I’m sure there’s a way to crack it and it doesn’t need to be one or the other!
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Congrats Monzo team, this whole feature feels more like the magic of using Monzo for the first time.
I don’t yet have a mortgage but this looks like such a clever feature.
Loving the community engagement too, fascinating learning how you are managing the data! 
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Amazing work. The calculator is by far the best I’ve used and like @caribo says, is more insightful than my current lender! I too would love a graph 
Mortgages in Monzo is my favourite feature
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I don’t have a mortgage yet but knowing how old I’ll be when mortgage free is slightly terrifying!
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I’ve managed to get my house correctly showing as a semi detached (instead of terraced) on the Land Registry, now I’m wondering, how often does Monzo pull in new data?
Again, thanks for your help and the new overpayments calculator looks great!
Hopefully looking at overpayments makes that a tiny bit less terrifying! It certainly is something we’re conscious of but we think bringing your attention to it is still helpful.
For my situation, it really brings home that “only” £100 extra shared between knocks 5 whole years off my mortgage 
I spent a lot of both at and before Monzo looking at all things homeownership but this fact still blows my small mind!
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