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Overall representative example
If you borrow £43,000 over 16 years at a rate of 10.25% variable, you will pay 192 instalments of £505.18 per month and a total amount payable of £96,994.56. This includes the net loan, interest of £49,404.56, a broker fee of £3,995 and a lender fee of £595. The overall cost for comparison is 12.7% APRC variable.
If you borrow £43,000 over 16 years at a rate of 10.25% variable, you will pay 192 instalments of £505.18 per month and a total amount payable of £96,994.56. This includes the net loan, interest of £49,404.56, a broker fee of £3,995 and a lender fee of £595. The overall cost for comparison is 12.7% APRC variable.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
Finder has selected Loans Warehouse (registered as Loans Warehouse Ltd) to provide you with this information only comparison service. Fees may be payable depending on your final choice of financial product. This will depend on your circumstances and will be discussed at the earliest opportunity. Loans Warehouse Ltd is authorised and regulated by the Financial Conduct Authority (FCA) (registration number 713110) and is classed as a credit broker, not a lender. Certain types of finance are not regulated, such as bridging loans. Loans Warehouse Ltd is a registered company in England & Wales (Company No. 5771864) having its registered office at Unit 1a, The Boulevard, Blackmoor Lane, Watford, Hertfordshire, WD18 8YW.