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 Barclays 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 39 monthly repayments of £4,960.47 followed by 321 monthly repayments of £6,349.02. The total amount repayable would be £2,232,733.75 made up of the loan amount, plus interest (£1,231,495.12) and £999 (product fee), £80 (final repayment charge), £35 (completion fee). The overall cost for comparison is 6.3% 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 4.14% until 02-04-30 and then on the lender's 7% standard variable rate for the remaining 25 years. The 4.14% rate would require 63 monthly repayments of £4,815.14 followed by 297 payments of £6,388.25. The total amount repayable would be £2,204,340.82 made up of the loan amount, plus interest (£1,208,681.20) and £999 (product fee), £225 (final repayment charge), £0 (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 £1,500,000 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 4.49% until 02/04/2035 and then on the lender's standard variable rate, currently 7% for the remaining 20 years, would require 123 monthly repayments of £5,056.58 followed by 237 payments of £6,190.33. The total amount repayable would be £2,090,547.40 made up of the loan amount, plus interest (£1,093,524.27) 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 4.94% fixed rate for 31 March 2027 and then on a variable rate of 6.74% for the remaining 28 years, would require 27 monthly repayments of £6,664.51 followed by 333 monthly repayments of £8,019.87. The total amount repayable would be £2,851,698.48 made up of the loan amount, plus interest (£1,600,558.29) 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 4.92% fixed rate until 28/02/2030 and then on a variable rate of 7.99% for the remaining 25 years, would require 62 monthly repayments of £5,314.82 followed by 298 monthly repayments of £7,057.45. The total amount repayable would be £2,434,875.94 made up of the loan amount plus interest (£1,440,831.41) and £1,995 (product fee), £90 (final repayment charge), £35 (completion fee). The overall cost for comparison is 7% 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.