Best million pound plus mortgages

Representative example: A capital and interest mortgage of £1,000,000 payable over 30 years, initially on a five-year fixed rate basis at 3.77% until 31/12/2029 and then on the lender's 7.99% standard variable rate for the remaining 25 years. The 3.77% rate would require 62 monthly repayments of £4,642.52 followed by 298 payments of £6,935.34. The total amount repayable would be £2,356,092.56 made up of the loan amount, plus interest (£1,354,566.02) and £1,499 (product fee), £0 (final repayment charge), £20 (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 30 years, initially on a 3.83% fixed rate for 31 December 2029 and then on a variable rate of 6.99% for the remaining 25 years, would require 63 monthly repayments of £4,676.67 followed by 297 monthly repayments of £6,354.67. The total amount repayable would be £2,183,107.20 made up of the loan amount, plus interest (£1,181,968.43) and £899 (product fee), £80 (final repayment charge), £35 (completion fee). The overall cost for comparison is 5.9% APRC representative.

Representative example: A capital and interest mortgage of £1,000,000 payable over 30 years, initially on a fixed rate basis at 4.19% until 02-02-27 and then on the lender's 7.25% standard variable rate for the remaining 28 years. The 4.19% rate would require 27 monthly repayments of £4,764.43 followed by 333 payments of £6,692.01. The total amount repayable would be £2,358,487.69 made up of the loan amount, plus interest (£1,361,572.56) and £999 (product fee), £225 (final repayment charge), £0 (completion fee). The overall cost for comparison is 6.8% APRC representative.

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

Representative example: A capital and interest mortgage of £1,500,000 payable over 30 years, initially on a tracker rate basis for two years at 5.29% and then on the bank's standard variable rate, currently 6.99% for the remaining 28 years, 5.29% would require 24 monthly repayments of £8,547.09 followed by 336 payments of £9,896.13. The total amount repayable would be £3,531,540.84 made up of the loan amount, plus interest (£2,036,805.56) and £999 (product fee), £0 (final repayment charge), £17 (completion fee). The overall cost for comparison is 6.9% APRC representative.  

Representative example: A capital and interest mortgage of £999,999 payable over 30 years, initially on a fixed rate basis at 4.69% and then on the lender's standard variable rate, currently 7.74% for the remaining 20 years, would require 123 monthly repayments of £5,145.95 followed by 237 payments of £6,342.65. The total amount repayable would be £2,137,568.65 made up of the loan amount, plus interest (£1,139,602.63) and £999 (product fee), £225 (final repayment charge), £0 (completion fee). The overall cost for comparison is 5.7% APRC representative.

Representative example: A capital and interest mortgage of £999,999 payable over 30 years, initially on a 3.88% fixed rate for 31 December 2027 and then on a variable rate of 6.99% for the remaining 25 years, would require 38 monthly repayments of £4,705.23 followed by 321 monthly repayments of £6,476.97. The total amount repayable would be ££2,268,106.03 made up of the loan amount, plus interest (£1,266,864.68) and £899 (product fee), £80 (final repayment charge), £35 (completion fee). The overall cost for comparison is 6.4% APRC representative.

Representative example: A capital and interest mortgage of £1,000,000 payable over 30 years, initially on a 4.60% fixed rate until 30/11/2029 and then on a variable rate of 7.99% for the remaining 25 years, would require 61 monthly repayments of £5,122.04 followed by 299 monthly repayments of £7,029.75. The total amount repayable would be £2,416,576.69 made up of the loan amount plus interest (£1,420,743.24) and £1,995 (product fee), £90 (final repayment charge), £35 (completion fee). The overall cost for comparison is 6.9% APRC representative.

Representative example: A capital and interest mortgage of £1,000,000 payable over the life of the mortgage, subject to base rate changes, initially on a 6.14% variable rate for term of the mortgage, would require 360 repayments of £5,919.85. The total amount repayable would be £2,132,195.00 made up of the loan amount, plus interest (£1,136,135.28) and a (£999 product fee), £50 (final repayment charge), £25 (completion fee). The overall cost for comparison is 6.1% APRC representative.