Best Buy Details

Mortgage Details

Product Type

Mortgage Lender:

Initial Rate:

Period of initial rate:

Subsequent Rate:

The Overall Cost for Comparison:

6.14% Fixed rate until 31/08/2010

Alliance & Leicester plc

6.14%

25 months

7.19% for 275 months

7.50% 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:

£323,351.63

Initial Monthly Payment:

£980.71

Subsequent Monthly Payment:

£1,073.72

Fees

Lenders arrangement fee:

£3,000.00

Telegraphic Transfer Fee:

£30.00

Booking fee:

£0.00

Incentives:

No

Early Repayment Charges:

3% to 31/08/2010

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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