Mortgages
Whether you are buying a new home, or re-mortgaging you existing home, it pays to look around and see what is available.
Compass Financial Services Ltd are Independent Advisers, and as such have access to literally thousands of mortgages, and hundreds of mortgage providers. contact us for a no obligation initial chat.
Re-Mortgaging - See how much you can save!!
The table below will give you a rough guide as to how you may be able to save EACH MONTH if you re-mortgage your home.
For a more detailed and personal illustration contact us.
|
|
Monthly saving* |
|
|
Repayment |
Interest Only |
Current mortgage |
6.00% |
6.75% |
6.00% |
6.75% |
50,000 |
62.08 |
84.51 |
91.67 |
122.92 |
75,000 |
93.13 |
126.76 |
137.50 |
184.38 |
100,000 |
124.17 |
169.02 |
183.33 |
245.83 |
150,000 |
186.25 |
253.53 |
275.00 |
368.75 |
200,000 |
248.33 |
338.04 |
366.67 |
491.67 |
250,000 |
310.42 |
422.54 |
458.33 |
614.58 |
Our table above shows example monthly savings on a 3.80% discounted mortgage for 2 years. The mortgage has free valuation and free legal fees and is over 20 years. The savings are taken over 2 years. Figures exclude any redemption penalties on your existing mortgage.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT
KEEP UP REPAYMENTS ON YOUR MORTGAGE ON OTHER LOANS SECURED ON IT.
*Figures compiled on 6th March 2006. discounted mortgage sourced through Trigold mortgage sourcing software.
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