Mortgage Details

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Mortgage Details

Product Type

Mortgage Lender:

Initial Rate:

Period of initial rate:

Subsequent Rate:

The Overall Cost for Comparison:

Bank Base Rate plus 1.35% for 2 years

Nationwide Building Society

6.35%

24 months

6.49% for 276 months

6.80% APR

Repayments

Based on a loan amount of 150K, a loan to value of 60% and a term of 25 years

Total Cost over the term:

£304,576.08

Initial Monthly Payment:

£1,000.16

Subsequent Monthly Payment:

£1,012.49

Fees

Lenders arrangement fee:

£599.00

Telegraphic Transfer Fee:

£20.00

Booking fee:

£0.00

Incentives:

Yes

Early Repayment Charges:

1.5% for 2 years

Flexible repayment features

Overpayments:

Yes

Borrow Back Overpayments:

Yes

Underpayments:

Yes

Payment Holidays:

Yes

Please Note:

Due to the assumptions made for these calculations there may be a slight variation to the figures provided above to those provided in the mortgage illustration
This information does not contain all of the details you need to choose a mortgage
Make sure that you read the separate key facts illustration before you make a decision
Your home may be repossessed if you do not keep up repayments on your mortgage

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