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Interest a borrower pays to the lender for the duration of the loan.
The add-on interest will be dependent on the nterest rate that you qualify for in the remortgage or mortgage.

Examples of add on interest on a loan of £100,000 for 25 years-

4%- £58351.05

4.5%- £66749.74

5%- £75377.01

5.5- £84226.25

6%- £93290.42

6.5%- £102562.15

7%- £112033.76



 

Bad Credit, Self Employed, In a hurry
Getting a new deal can be a challenge if your situation has changed. In the current climate remortgage problems are common.