LenderInitial RateInitial PaymentReverting RateTotal FeesTypeOverall Cost for ComparisonInitial Period (months)Early Repayment Charge2 Year Total CostTotal Amount Payable Over Term
1.99%£952.584.74%£995Variable4.3% APRC28m28m£26,055£368,165
2.36%£993.605.19%£2,300Fixed4.8% APRC28m28m£28,868£385,833
2.59%£1,019.625.49%£1,595Fixed5.1% APRC27m27m£28,264£397,684
2.62%£1,023.045.60%£2,239Fixed5.2% APRC26m26m£26,987£402,983
2.69%£1,031.056.00%£2,203Fixed5.5% APRC27m27m£31,289£415,710

LenderInitial RateInitial PaymentReverting RateTotal FeesTypeOverall Cost for ComparisonInitial Period (months)Early Repayment Charge2 Year Total CostTotal Amount Payable Over Term
2.36%£993.605.19%£2,300Fixed4.8% APRC28m28m£28,868£385,833
2.43%£1,001.474.74%£1,995Fixed4.2% APRC40m40m£31,110£365,838
2.59%£1,019.625.49%£1,595Fixed5.1% APRC27m27m£28,264£397,684
2.62%£1,023.045.60%£2,239Fixed5.2% APRC26m26m£26,987£402,983
2.69%£1,031.056.00%£2,203Fixed5.5% APRC27m27m£31,289£415,710

LenderInitial RateInitial PaymentReverting RateTotal FeesTypeOverall Cost for ComparisonInitial Period (months)Early Repayment Charge2 Year Total CostTotal Amount Payable Over Term
3.09%£1,077.545.10%£2,016Tracker4.9% APRC24m0m£27,877£389,547
3.10%£1,078.715.49%£300Tracker5.2% APRC24m24m£26,269£401,221

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 25 May 2022 at 04:14 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.