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Loans Latest News Nationwide launches a 25 year fixed rate Mortgage
Loans Latest News Nationwide launches a 25 year fixed rate Mortgage Nationwide launches a 25 year fixed rate Mortgage
Nationwide Building Society has announced the launch of
a new 25 year fixed rate mortgage charging 5.49% on a maximum LTV of 90%
(5.79% on 95% LTV).
Benefits of the facility include no early repayment changes after the first 10 years (3% during the first 10 years). And the ability to overpay (by up to £500 per month), underpay and take payment holidays.
As with all Nationwide mortgages, borrowers can take it with them when they move home and top it up with an additional loan if they wish to move to a larger property.
A reservation fee of £599 (£200 discount for existing borrowers) is in operation. And the loan is available to all borrower types.
Wednesday, 28 March 2007 12:00
Top 5 Personal Loans
|
Loan |
Representative APR |
Min Loan |
Max Loan |
Min Term |
Max Term |
Representative Example |
Apply |
|---|---|---|---|---|---|---|---|
| View Full Table > | |||||||
 |
6.1%
|
£7,500
|
£15,000
|
1 Year
|
7 Years
|
Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit.
|
|
 |
6.1%
|
£7,500
|
£14,999
|
1 Year
|
10 Years
|
Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit.
|
|
 |
6.4%
|
£7,500
|
£14,999
|
1 Year
|
5 Years
|
Representative Example: £7500 borrowed over a period of 5 years at 6.4% (fixed) equals monthly repayments of £146 and a total amount repayable of £8,784. There are no other charges included in the total charge for credit.
|
|
 |
6.9%
|
£7,000
|
£14,999
|
1 Year
|
6 Years
|
Representative Example: £7000 borrowed over a period of 5 years at 6.9% (fixed) equals monthly repayments of £138 and a total amount repayable of £8,297. There are no other charges included in the total charge for credit.
|
|
|
|
7.9%
|
£15,000
|
£20,000
|
1 Year
|
5 Years
|
Representative Example: £15000 borrowed over a period of 5 years at 7.9% (fixed) equals monthly repayments of £303 and a total amount repayable of £18,206. There are no other charges included in the total charge for credit.
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