Best Buy Table
Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
1.64%£406.553.59%£493.82£20Fixed3.1% APRC36m£14,221
1.45%£397.593.59%£492.59£35Fixed3.1% APRC36m£14,428
1.60%£404.653.35%£481.71£35Fixed2.9% APRC38m£14,577
1.99%£423.375.29%£574.40£35Fixed4.3% APRC26m£14,975
1.65%£407.024.49%£524.64£507Fixed3.4% APRC0m£15,285

Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
1.64%£406.553.59%£493.82£20Fixed3.1% APRC36m£14,221
1.45%£397.593.59%£492.59£35Fixed3.1% APRC36m£14,428
1.60%£404.653.35%£481.71£35Fixed2.9% APRC38m£14,577
1.99%£423.375.29%£574.40£35Fixed4.3% APRC26m£14,975
1.65%£407.024.49%£524.64£507Fixed3.4% APRC0m£15,285

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 12 Jul 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.