LenderInitial RateInitial PaymentReverting RateTotal FeesTypeOverall Cost for ComparisonInitial Period (months)Early Repayment Charge2 Year Total CostTotal Amount Payable Over Term
4.17%£1,208.859.69%£7,050Fixed9.1% APRC27m27m£39,376£567,980
4.54%£1,255.748.12%£2,318Fixed6.8% APRC63m63m£40,650£475,613
4.62%£1,266.009.74%£1,595Fixed7.7% APRC62m62m£40,658£525,953
4.74%£1,281.477.85%£11,567Fixed8.1% APRC24m24m£42,402£507,782
4.74%£1,281.477.85%£11,268Fixed8.1% APRC24m24m£42,103£507,483

LenderInitial RateInitial PaymentReverting RateTotal FeesTypeOverall Cost for ComparisonInitial Period (months)Early Repayment Charge2 Year Total CostTotal Amount Payable Over Term
4.17%£1,208.859.69%£7,050Fixed9.1% APRC27m27m£39,376£567,980
4.54%£1,255.748.12%£2,318Fixed6.8% APRC63m63m£40,650£475,613
4.62%£1,266.009.74%£1,595Fixed7.7% APRC62m62m£40,658£525,953
4.74%£1,281.477.85%£11,268Fixed8.1% APRC24m24m£42,103£507,483
4.74%£1,281.477.85%£11,567Fixed8.1% APRC24m24m£42,402£507,782

LenderInitial RateInitial PaymentReverting RateTotal FeesTypeOverall Cost for ComparisonInitial Period (months)Early Repayment Charge2 Year Total CostTotal Amount Payable Over Term
5.74%£1,414.138.24%£2,030Tracker8.0% APRC27m27m£37,141£517,568
6.19%£1,475.928.12%£1,318Tracker8.1% APRC24m0m£36,840£516,641
6.25%£1,484.269.74%£1,595Tracker9.4% APRC24m0m£37,297£582,005
6.35%£1,498.199.69%£1,295Tracker9.3% APRC27m27m£39,022£577,383

This table is based on a BTL property value of £300,000 and a mortgage secured against that property of £225,000 (assuming no fees added), with an expected monthly rental income of £1,000. This is calculated on a capital & repayment basis (repayment mortgage) over a term of 25 years (300 monthly payments).
Source: Mortgage Brain. This information was last revised on 15 Apr 2024 at 04:08 hours
Disclaimer: This information does not contain all of the details you need to choose a mortgage. Interest rates can fluctuate and this could affect the amount payable by yourself.