A repayment mortgage of £250,000 payable over 25 years, initially on a 5.49% fixed rate for 2 years and then on our revert rate of 6.75% for the remaining term, would require 24 monthly payments of £1,533.73 and 276 monthly payments of £1,715.53.

The total amount payable would be £510,295.77 made up of the loan amount plus interest.

Please note your actual costs and monthly payments will vary.