Lender: this shows the mortgage lenders name.
Mortgage Type: this shows the type of the mortgage.
Fees: this includes application, booking and completion fees. This may not be all the fees associated with this product; therefore please ensure you check the illustration you receive from our broker.
Initial Monthly Payment: this shows how much you will pay on a monthly basis at the start of the mortgage. The length of time this figure will be valid for depends on the mortgage, e.g. if you select a 2 year fixed rate product, it's likely that that initial monthly payment will be valid for this amount of time.
Initial Interest Rate (APR): this shows the initial rate you pay. Also in brackets the annual percentage rate is shown, this is the overall cost for comparison.
Rate Period: this shows how long the initial Interest rate and initial monthly payment figures are likely to be valid for, (in months).
True Cost Over Period: this shows what the true cost of your mortgage is likely to be over the specified time period. It is based on the criteria you entered and takes into account all fees and charges, most of which you have to pay when you first take out the mortgage.
Next Steps: clicking on a 'Info' will take you to our callback form where you can fill in your details to request a callback from one of our mortgage specialists.