Best Buy Table
Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
2.04%£425.803.99%£515.59£20Fixed3.6% APRC36m£14,914
1.99%£423.114.99%£564.47£25Variable4.3% APRC36m£15,157
1.95%£421.175.49%£589.95£0Fixed4.6% APRC36m£15,302
1.64%£406.331.64%£406.33£1,007Variable1.7% APRC0m£15,760
1.74%£411.084.20%£523.31£850Variable3.7% APRC36m£15,764

Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
2.04%£425.803.99%£515.59£20Fixed3.6% APRC36m£14,914
1.95%£421.175.49%£589.95£0Fixed4.6% APRC36m£15,302
1.89%£418.274.74%£549.61£6Fixed4.0% APRC39m£16,027
2.19%£432.884.49%£530.77£507Fixed3.7% APRC0m£16,216
2.17%£431.904.99%£564.27£0Fixed4.3% APRC39m£16,295

Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
1.89%£418.523.99%£506.09£1,019Tracker3.3% APRC0m£15,651
2.39%£443.102.39%£443.10£1,034Tracker2.5% APRC0m£16,961
2.24%£435.342.24%£435.34£2,034Tracker2.4% APRC24m£17,786
2.89%£468.142.89%£468.14£1,560Tracker3.1% APRC12m£18,508


This table is based on a property value of £200,000 and a mortgage secured against that property of £100,000 calculated on a capital and interest basis (repayment mortgage) over 25 years.
Source: Mortgage Brain. This information was last revised on 25 Feb 2018 at 03:08 hours
Disclaimer: This information does not contain all of the details you need to choose a mortgage. Make sure that you read the separate key facts illustration before you make a decision. Representative example: A mortgage of £186,895 payable over 24 years, initially on a fixed rate for 24 months at a typical interest rate of 2.67%, reverting to a variable rate of 4.55% for the remaining 264 months would require 24 monthly payments of £854.53 and 264 monthly payments of £1,030.74. The total amount payable would be £306,164.17 made up of the loan amount plus interest and an arrangement fee of £995. The overall cost for comparison is 4.36% APRC representative.