Mortgage: MBS Lending - Light Adverse
Initial Rate: 7.65%
Period of Initial Rate: 2 years
Subsequent Rate: 4%
The Overall cost for comparison is 5 % APR
2 Year fixed rate allowing £500 of CCJ's in the last 2 years (0 in last 6 months) and 1 missed mortgage payment in last 12 months (0 in last 3 months)
Repayments
Based on a repayment mortgage of £100,000.00 with a maximum loan to value of 70% and a term of 25 years
Initial monthly repayments of £778.69 for
2 years then £561.81 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:£176,543.76
Early Repayment Charges: 6% during the fixed rate period
The actual rate available will depend on your circumstances. Ask for a personalised illustration.
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The overall cost for comparison is 6.8.% APR (most people will receive a lower rate than this) |