I’m buying my Christmas presents this year via a free app to help pay off my mortgage
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MUM-of-one Holly Smith is set to knock two years off her mortgage and save on her Christmas shopping by using a free app at the checkout. The 32-year-old, who lives in Colchester, Essex, is on track to become mortgage-free early by making extra payments.
![[Holly Smith has been using app Sprive to pay off her mortgage]](https://www.thesun.co.uk/wp-content/uploads/2024/12/6008e933-a184-4b04-acd2-73ca81914cd9.jpeg?strip=all&w=711)
Holly, who works in marketing, and her husband, Ben, 32, who works in revenue Operations for a tech company, usually pay an extra £150 a month, bringing their overall mortgage bill to around £1,450. The couple overpays with the help of a free app called Sprive, which they have been using for just over a year.
The app links to their bank account and makes sure payments go directly to their lender, giving them an easy way to put extra cash towards overpaying their mortgage. The amount they pay can change each month, depending on what they can afford. In months where there is more surplus cash, the free app takes extra from their account.
And when money is a little tighter, Sprive leaves more. The couple decided on the minimum and maximum monthly payments at the outset, and the app then works within those boundaries to take money each month. Holly said they have experimented by overpaying up to £300 and shrinking payments right down when Holly was on maternity leave before settling on £150.
There's also a feature on the app that means you can get cashback when shopping to put towards paying off mortgage. Users of the app can also cashback from supermarkets like Asda, Tesco and Morrisons, as well as Primark, Halfords, IKEA and M&S, and even on their Deliveroo or UberEats takeaways.
