Initial RateTypeInitial PaymentInitial Period (months)Total FeesReverting RateAPRC5 Year Total Cost
4.35%Fixed£543.7564m£1,7497.50%6.6%£35,849
4.39%Fixed£548.7564m£1,9998.12%7.1%£36,024
4.40%Fixed£550.0065m£1,4999.59%7.9%£35,699
4.54%Fixed£567.5064m£1,0258.24%7.1%£36,325
4.83%Fixed£603.7562m£359.74%8.1%£35,840

Initial RateTypeInitial PaymentInitial Period (months)Total FeesReverting RateAPRC5 Year Total Cost
4.35%Fixed£543.7564m£1,7497.50%6.6%£35,849
4.39%Fixed£548.7564m£1,9998.12%7.1%£36,024
4.40%Fixed£550.0065m£1,4999.59%7.9%£35,699
4.54%Fixed£567.5064m£1,0258.24%7.1%£36,325
4.83%Fixed£603.7562m£359.74%8.1%£35,840

Initial RateTypeInitial PaymentInitial Period (months)Total FeesReverting RateAPRC5 Year Total Cost
6.40%Tracker£800.000m£3,2346.40%6.8%£51,384
6.40%Tracker£800.000m£3,2346.40%6.8%£51,384
6.79%Tracker£848.750m£5,0456.79%7.3%£56,025
6.79%Tracker£848.750m£5,0456.79%7.3%£56,025
7.39%Tracker£923.7560m£4,8207.94%8.3%£60,395

This table is based on a BTL property value of £300,000 and a mortgage secured against that property of £150,000 (assuming no fees added), with an expected monthly rental income of £1,800. This is calculated on an interest only basis over a term of 25 years (300 monthly payments).
Source: Mortgage Brain. This information was last revised on 28 Apr 2024 at 05:37 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.