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Our Club Lloyds current account customers could get a discount of 0.20% off their initial mortgage rate.
Mortgage amount |
Monthly saving |
---|---|
Mortgage amount £162,000 |
Monthly saving £18.24 |
Mortgage amount £192,000 |
Monthly saving £21.40 |
Mortgage amount £349,999 |
Monthly saving £39.41 |
Representative example
We show you this so you can see what a typical mortgage deal looks like. It doesn’t explain or change anything about your deal.
A mortgage of £162,000 payable over 25 years, initially on a fixed rate for 5 years at 4.25% and then on our variable rate of 8.24% for the remaining 20 years, would require 60 monthly payments of £877.62 followed by 240 monthly payments of £1276.21.
The total amount payable would be £358,947.60 made up of the loan amount, plus interest of £196,947.60.
The overall cost for comparison is 7.1% APRC representative.
The amount we lend you is subject to a full mortgage application. Rates shown for remortgage only and are subject to change. Other rates apply to first time buyers and home movers.