A repayment mortgage of £250,000 payable over 25 years, initially on a 5.99% fixed rate for 2 years and then on our revert rate of 6.75% for the remaining term, would require 24 monthly payments of £1,609.23 and 276 monthly payments of £1,720.39.

The total amount payable would be £513,450.30 made up of the loan amount plus interest.

Please note your actual costs and monthly payments will vary.