Best Buy Table
Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
1.74%£411.314.24%£525.80£20Fixed3.7% APRC36m£14,392
2.29%£438.115.69%£596.89£35Fixed4.6% APRC27m£15,506
2.19%£433.174.99%£566.50£25Variable4.3% APRC36m£15,519
1.79%£413.714.74%£537.51£507Fixed3.6% APRC0m£15,526
2.15%£431.195.20%£577.02£15Variable4.5% APRC36m£15,668

Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
1.74%£411.314.24%£525.80£20Fixed3.7% APRC36m£14,392
2.29%£438.115.69%£596.89£35Fixed4.6% APRC27m£15,506
1.79%£413.714.74%£537.51£507Fixed3.6% APRC0m£15,526
1.79%£413.715.05%£564.96£8Fixed4.2% APRC39m£15,869
1.85%£416.595.74%£584.45£0Fixed4.2% APRC62m£15,972

Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
2.49%£448.112.49%£448.11£2,034Tracker2.7% APRC24m£18,246
3.14%£481.533.14%£481.53£1,570Tracker3.3% APRC12m£19,000

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 17 Jan 2020 at 03:56 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.