Best Buy Table
Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
1.89%£418.523.59%£495.14£35Fixed3.2% APRC37m£15,182
2.10%£428.744.40%£535.35£8Fixed3.8% APRC38m£15,508
1.99%£423.371.99%£423.37£265Variable2.0% APRC36m£15,656
1.79%£413.713.95%£512.02£850Variable3.5% APRC36m£15,844
2.25%£436.135.20%£577.74£15Variable4.5% APRC36m£15,846

Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
1.89%£418.523.59%£495.14£35Fixed3.2% APRC37m£15,182
2.10%£428.744.40%£535.35£8Fixed3.8% APRC38m£15,508
1.25%£388.303.59%£490.09£999Fixed3.1% APRC39m£15,874
2.09%£428.254.99%£565.80£464Fixed4.4% APRC36m£16,031
1.74%£411.313.59%£487.07£20Fixed2.9% APRC60m£16,195

Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
2.49%£448.112.49%£448.11£1,570Tracker2.7% APRC12m£17,797

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 18 Sep 2020 at 02:14 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.