Best Buy Table
Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
1.69%£408.933.59%£494.14£20Fixed3.2% APRC36m£14,306
1.77%£412.755.05%£565.39£8Fixed4.2% APRC38m£14,932
1.70%£409.403.35%£482.38£35Fixed3.0% APRC38m£14,998
1.89%£418.524.09%£520.54£30Fixed3.6% APRC38m£15,097
2.22%£434.655.69%£596.33£35Fixed4.6% APRC27m£15,381

Initial RateInitial PaymentReverting RateReverting PaymentTotal FeesTypeOverall Cost for ComparisonEarly Repayment Charge3 Year Total Cost
1.69%£408.933.59%£494.14£20Fixed3.2% APRC36m£14,306
1.77%£412.755.05%£565.39£8Fixed4.2% APRC38m£14,932
1.70%£409.403.35%£482.38£35Fixed3.0% APRC38m£14,998
1.89%£418.524.09%£520.54£30Fixed3.6% APRC38m£15,097
2.22%£434.655.69%£596.33£35Fixed4.6% APRC27m£15,381

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 09 Apr 2020 at 02:21 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.