Best million pound plus mortgages

Representative example: A capital and interest mortgage of £1,000,000 payable over 30 years, initially on a two-year fixed rate basis at 4.17% for two years and then on the lender's 7.49% standard variable rate for the remaining 28 years. The 4.17% rate would require 24 monthly repayments of £4,872.68 followed by 336 payments of £6,873.27. The total amount repayable would be £2,427,942.04 made up of the loan amount, plus interest (£1,426,361.35) and £1,499 (product fee), £65 (final repayment charge), £15 (completion fee). The overall cost for comparison is 7.1% APRC representative.

Representative example: A capital and interest Halifax mortgage of £1,000,000 payable over 30 years, initially on a 4.23% fixed rate for 31 March 2027 and then on a variable rate of 8.24% for the remaining 28 years, would require 25 monthly repayments of £4,903.55 followed by 335 monthly repayments of £7,357.92. The total amount repayable would be £2,588,752.22 made up of the loan amount, plus interest (£1,596,557.09) and £999 (product fee), £50 (final repayment charge), £25 (completion fee). The overall cost for comparison is 7.7% APRC representative.

How much does a £1 million NatWest mortgage cost? Representative example: A capital and interest mortgage of £1,000,000 payable over 30 years, initially on a fixed rate basis at 4.07% until 30-04-30 and then on the lender's 7.74% standard variable rate for the remaining 25 years. The 4.14% rate would require 62 monthly repayments of £4,814.60 followed by 298 payments of £6,822.16. The total amount repayable would be £2,332,533.88 made up of the loan amount, plus interest (£1,331,509.76) and £995 (product fee), £0 (final repayment charge), £30 (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 5.04% and then on the bank's standard variable rate, currently 6.99% for the remaining 24 years, 5.04% would require 24 monthly repayments of £8,082.02 followed by 336 payments of £9,870.31. The total amount repayable would be £3,511,703.64 made up of the loan amount, plus interest (£2,018,101.58) and £999 (product fee), £295 (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 4.44% until 02/05/2035 and then on the lender's standard variable rate, currently 7% 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 £2,087,197.95 made up of the loan amount, plus interest (£1,090,446.44) and £999 (product fee), £225 (final repayment charge), £0 (completion fee). The overall cost for comparison is 5.5% APRC representative.

Representative example: A capital and interest mortgage of £1,000,000 payable over 30 years, initially on a 4.32% fixed rate for 31 March 2028 and then on a variable rate of 6.74% for the remaining 27 years, would require 37 monthly repayments of £4,960.47 followed by 323 monthly repayments of £6,355.93. The total amount repayable would be £2,237,742.78 made up of the loan amount, plus interest (£1,236,501.83) and £999 (product fee), £80 (final repayment charge), £35 (completion fee). The overall cost for comparison is 6.3% APRC representative.

Representative example: A capital and interest mortgage of £1,000,000 payable over 30 years, initially on a 4.92% fixed rate until 30/04/2030 and then on a variable rate of 7.74% for the remaining 25 years, would require 62 monthly repayments of £5,326.99 followed by 298 monthly repayments of £6,911.75. The total amount repayable would be £2,392,211.88 made up of the loan amount plus interest (£1,397,488.84) and £1,995 (product fee), £90 (final repayment charge), £35 (completion fee). The overall cost for comparison is 6.8% APRC representative.

Representative example: A capital and interest mortgage of £1,000,000 payable over two years, subject to base rate changes, initially on 4.83% variable rate for two years, would require 27 repayments of £5,260.25 and 333 monthly repayments of £7,373.48. The total amount repayable would be £2,599,155.86 made up of the loan amount, plus interest (£1,606,419.43) and a (£1,499 product fee), £50 (final repayment charge), £25 (completion fee). The overall cost for comparison is 7.8% APRC representative.