Best million pound plus mortgages

Representative example: A NatWest capital and interest mortgage of £1,000,000 payable over 30 years, initially on a fixed rate basis at 3.88% until 31/07/2027 and then on the lender's 7.49% standard variable rate for the remaining 28 years. The 3.88% rate would require 26 monthly repayments of £4,705.23 followed by 334 payments of £6,850.20. The total amount repayable would be £2,411,327.78 made up of the loan amount, plus interest (£1,410,302.88) and £1,495 (product fee), £0 (final repayment charge), £30 (completion fee). The overall cost for comparison is 7% APRC representative.

Representative example: A capital and interest Halifax mortgage of £1,000,000 payable over 30 years, initially on a 4.06% fixed rate for 30 September 2028 and then on a variable rate of 7.74% for the remaining 27 years, would require 39 monthly repayments of £4,752.92 followed by 321 monthly repayments of £6,938.78. The total amount repayable would be £2,413,972.53
This amount is illustrative and may vary, made up of the loan amount, plus interest (£1,419,533.22) and £999 (product fee), £50 (final repayment charge), £25 (completion fee). The overall cost for comparison is 6.9% APRC representative.

How much does a £1 million Nationwide mortgage cost? Representative example: A capital and interest mortgage of £1,000,000 payable over 30 years, initially on a fixed rate basis at 3.84% for five years and then on the lender's 6.99% standard variable rate for the remaining 25 years. The 3.84% rate would require 60 monthly repayments of £4,682.37 followed by 300 payments of £6,370.22. The total amount repayable would be £2,193,522.20 made up of the loan amount, plus interest (£1,192,009.80) and £999 (product fee), £0 (final repayment charge), £15 (completion fee). The overall cost for comparison is 6% APRC representative.

Please contact Trinity Financial on 020 7016 0790 for an individual illustration. 

Representative example: A capital and interest mortgage of £1,400,000 payable over 30 years, initially on a tracker rate basis for two years at 4.54% and then on the bank's standard variable rate, currently 6.74% for the remaining 24 years, 4.54% would require 24 monthly repayments of £7,120.80 followed by 336 payments of £8,964.81. The total amount repayable would be £3,184,419.96 made up of the loan amount, plus interest (£1,792,389.07) and £999 (product fee), £0 (final repayment charge), £17 (completion fee). The overall cost for comparison is 6.6% APRC representative.  

Representative example: A capital and interest Santander mortgage of £1,000,000 payable over 30 years, initially on a fixed rate basis at 4.44% until 02/08/2035 and then on the lender's standard variable rate, currently 6.75% for the remaining 20 years, would require 122 monthly repayments of £5,026.97 followed by 238 payments of £6,186.97. The total amount repayable would be £2,058,916.41 made up of the loan amount, plus interest (£1,061,575.47) and £999 (product fee), £225 (final repayment charge), £0 (completion fee). The overall cost for comparison is 5.4% APRC representative.

Representative example: A capital and interest mortgage of £1,000,000 payable over 30 years, initially on a 3.87% fixed rate for 30 June 2027 and then on a variable rate of 6.24% for the remaining 27 years, would require 24 monthly repayments of £4,699.51 followed by 336 monthly repayments of £6,071.89. The total amount repayable would be £2,154,083.28 made up of the loan amount, plus interest (£1,152,942.37) and £899 (product fee), £80 (final repayment charge), £35 (completion fee). The overall cost for comparison is 6% APRC representative.

Representative example: A capital and interest mortgage of £1,000,000 payable over 30 years, initially on a 4.53% fixed rate until 30/06/2030 and then on a variable rate of 7.49% for the remaining 25 years, would require 62 monthly repayments of £5,080.34 followed by 298 monthly repayments of £6,720.25. The total amount repayable would be £2,319,352.58 made up of the loan amount plus interest (££1,323,765.12) and £1,495 (product fee), £90 (final repayment charge), £35 (completion fee). The overall cost for comparison is 6.5% APRC representative.

Representative example: A capital and interest mortgage of £1,000,000 payable over two years, subject to base rate changes, initially on 4.36% variable rate until 30/09/2027, would require 27 repayments of £4,979.77 and 333 monthly repayments of £7,024.98. The total amount repayable would be £2,475,532.40 made up of the loan amount, plus interest (£1) and a (£1,499 product fee), £50 (final repayment charge), £25 (completion fee). The overall cost for comparison is 7.3% APRC representative.