LenderInitial RateInitial PaymentReverting RateTotal FeesTypeOverall Cost for ComparisonInitial Period (months)Early Repayment Charge2 Year Total CostTotal Amount Payable Over Term
3.87%£1,171.548.24%£7,050Fixed7.9% APRC25m25m£35,266£511,830
3.99%£1,186.397.75%£11,760Fixed7.8% APRC24m24m£40,273£499,554
3.99%£1,186.397.75%£11,760Fixed7.8% APRC24m24m£40,273£499,554
4.15%£1,206.359.64%£16,320Fixed8.3% APRC60m60m£53,975£532,747
4.15%£1,206.359.64%£16,320Fixed8.3% APRC60m60m£53,975£532,747

LenderInitial RateInitial PaymentReverting RateTotal FeesTypeOverall Cost for ComparisonInitial Period (months)Early Repayment Charge2 Year Total CostTotal Amount Payable Over Term
3.87%£1,171.548.24%£7,050Fixed7.9% APRC25m25m£35,266£511,830
3.99%£1,186.397.75%£11,760Fixed7.8% APRC24m24m£40,273£499,554
3.99%£1,186.397.75%£11,760Fixed7.8% APRC24m24m£40,273£499,554
4.15%£1,206.359.64%£16,320Fixed8.3% APRC60m60m£53,975£532,747
4.15%£1,206.359.64%£16,320Fixed8.3% APRC60m60m£53,975£532,747

LenderInitial RateInitial PaymentReverting RateTotal FeesTypeOverall Cost for ComparisonInitial Period (months)Early Repayment Charge2 Year Total CostTotal Amount Payable Over Term
4.94%£1,307.477.74%£2,030Tracker7.4% APRC27m27m£34,576£493,293
5.44%£1,373.657.37%£1,183Tracker7.3% APRC24m0m£34,251£483,363
5.60%£1,395.178.24%£1,295Tracker8.0% APRC25m25m£34,378£516,647

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 08 Feb 2025 at 03:29 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.