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Compare the two mortgage
Comments
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Barclays rates and the industry software probably shows your Broker £705 pcm on the higher rate and £682 pcm on the lower rate.
Total to pay over 3 years including fees
£26,356 on the higher rate no fee
£26,563 on the lower rate with fee
He should not be using those numbers to advise a client which is the best deal.0 -
For £108,462 over 15 years
option rate fees payment payment add fees
1. 1.68% 999 £682.09 £688.38
2. 2.14% 0 £704.98 £704.98
Amount owing after 3 years add fees payment the same
payment £705.00
1. £89,103.38
2. £89,458.72
£355 better of with the fee deal0
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