Mortgage Details

Mortgage Details

Product Type

Mortgage Lender:

Initial Rate:

Period of initial rate:

Subsequent Variable Rate:

The Overall Cost for Comparison:

Bank Base Rate plus 1.89% until 30/04/2012. Collar of 2.39% via PMS MC

Accord Mortgages

2.39%

25 months

5.99% for 275 months

5.70% 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:

£278,633.75

Initial Monthly Payment:

£666.27

Subsequent Monthly Payment:

£942.68

Fees

Lenders arrangement fee:

£1,900.00

CHAPS Fee:

£25.00

Lender Booking fee:

£95.00

Charcol Booking fee:

£0.00

Valuation Fees:

£320.00

Legal Fees:

£400.00

Early Repayment Charges:

4% to 30/04/2012


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