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 3.79% until 31/12/2029 and then on the lender's 6.99% standard variable rate for the remaining 25 years. The 3.79% rate would require 61 monthly repayments of £4,650.07 followed by 299 payments of £6,355.59. The total amount repayable would be £2,185,786.68 made up of the loan amount, plus interest (£1,188,511.12) and £1,499 (product fee), £0 (final repayment charge), £17 (completion fee). The overall cost for comparison is 5.9% APRC representative.

Representative example: A capital and interest Barclays mortgage of £1,000,000 payable over 30 years, initially on a 3.76% fixed rate for 31 December 2029 and then on a variable rate of 6.99% for the remaining 25 years, would require 61 monthly repayments of £4,636.83 followed by 299 monthly repayments of £6,356.84. The total amount repayable would be £2,184,681.79 made up of the loan amount, plus interest (£1,183,542.58) and £899 (product fee), £80 (final repayment charge), £35 (completion fee). The overall cost for comparison is 5.9% APRC representative.

How much does a £1 million Santander mortgage cost? Representative example: A capital and interest Santander mortgage of £1,000,000 payable over 30 years, initially on a fixed rate basis at 3.88% until 02-03-28 and then on the lender's 7.25% standard variable rate for the remaining 27 years. The 3.88% rate would require 39 monthly repayments of £4,701.35 followed by 321 payments of £6,625.80. The total amount repayable would be £2,311,643.20 made up of the loan amount, plus interest (£1,317,719.86) and £999 (product fee), £225 (final repayment charge), £0 (completion fee). The overall cost for comparison is 6.5% 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 Santander mortgage of £1,000,000 payable over 30 years, initially on a fixed rate basis at 4.49% and then on the lender's standard variable rate, currently 7.74% for the remaining 20 years, would require 123 monthly repayments of £5,056.58 followed by 237 payments of £6,310.34. The total amount repayable would be £2,118,918.67 made up of the loan amount, plus interest (£1,122,524.67) and £999 (product fee), £225 (final repayment charge), £0 (completion fee). The overall cost for comparison is 5.6% 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 31 December 2026 and then on a variable rate of 6.99% for the remaining 28 years, would require 25 monthly repayments of £4,699.51 followed by 335 monthly repayments of £6,535.60. The total amount repayable would be £2,308,053.75 made up of the loan amount, plus interest (£1,306,912.19) and £899 (product fee), £80 (final repayment charge), £35 (completion fee). The overall cost for comparison is 6.6% 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.