Joint borrower sole proprietor

A mortgage of £216,619.00, payable over 31 years and 11 months (383 months) initially on a fixed rate for 5 years (60 months) of 6.25% and then on our current standard variable rate of 7.89% for the remaining 26 years and 11 months (323 months) would require 60 monthly payments of £1,306.95 then 323 monthly payments of £1,525.35 on a capital and interest repayment method. The total amount payable would be £572,373.75 made up of the loan amount plus interest (£355,160.75) with a £499.00 product fee, £10.00 CHAPS fee and a mortgage redemption administration fee of £85.00. The overall cost for comparison is 7.6% representative APRC.

A mortgage of £213,295.00, payable over 32 years and 0 months (384 months) initially on a fixed rate for 5 years (60 months) of 5.99% and then on our current standard variable rate of 7.89% for the remaining 25 years and 0 months (324 months) would require 60 monthly payments of £1,249.32 then 324 monthly payments of £1,496.79 on a capital and interest repayment method. The total amount payable would be £561,842.65 made up of the loan amount plus interest (£347,453.65) with a £999.00 product fee, £10.00 CHAPS fee and a redemption administration fee of £85.00. The overall cost for comparison is 7.5% representative APRC.

A mortgage of £213,295.00, payable over 32 years and 0 months (384 months) initially on a fixed rate for 2 years (24 months) of 5.79% and then on our current standard variable rate of 7.89% for the remaining 30 years and 0 months (360 months) would require 24 monthly payments of £1,221.54 then 360 monthly payments of £1,513.32 on a capital and interest repayment method. The total amount payable would be £575,418.95 made up of the loan amount plus interest (£361,529.95) with a £499.00 product fee, £10.00 CHAPS fee and a redemption administration fee of £85.00. The overall cost for comparison is 7.8% representative APRC.