A repayment mortgage of £250,000 payable over 25 years, initially on a 5.99% fixed rate for 5 years and then on our revert rate of 7.00% for the remaining term, would require 60 monthly payments of £1,609.23 and 240 monthly payments of £1,742.86.

The total amount payable would be £514,838.99 made up of the loan amount plus interest.

Please note your actual costs and monthly payments will vary.