A repayment mortgage of £250,000 payable over 25 years, initially on a 6.49% fixed rate for 5 years and then on our revert rate of 7.00% for the remaining term, would require 60 monthly payments of £1,686.46 and 240 monthly payments of £1,755.08.

The total amount payable would be £523,405.62 made up of the loan amount plus interest.

Please note your actual costs and monthly payments will vary.