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Remortgages

Mortgage: Nationwide - Interest Only

Initial Rate: 3.38%

Period of Initial Rate: 3 Years

Subsequent Rate: 2.5%

The Overall cost for comparison is 2.8 % APR

3 Year tracker

Repayments
Based on a interest only mortgage of £100,000.00 with a maximum loan to value of 75% and a term of 25 years

Initial monthly repayments of £289.40 for 3 Years then £213.97 subsequent monthly repayments for the remainder of the term

All repayments include any associated fees that are payable, these have already been added to the mortgage balance.

Note: All fees are only payable upon completion of your remortgage.

Total cost if kept over the full term:£171,491.83

Early Repayment Charges: 3% for the first 3 years

The actual rate available will depend on your circumstances. Ask for a personalised illustration.