New Egg fixed rate mortgage
Egg, the online bank have launched a new 3 year fixed rate mortgage with a rate of 5.39 per cent. At the end of the fixed rate period the interest rate reverts to Egg’s standard variable rate of 6.7 per cent and you can offset any savings you have against the mortgage.
The rate is available from 1st February 2008 and there is an arrangement fee of £499, there are no early repayment charges after the fixed rate period ends.
- Rate of 5.39% fixed for three years thereafter changing to Egg’s standard variable rate, currently 6.79%, for the remaining term of the mortgage
- The overall cost for comparison is 6.7% APR
- Early repayment charges -
3% of the amount repaid during the first 12 months following completion.
2% of the amount repaid during the second 12 months following completion.
1% of the amount repaid during the third 12 months following completion.
Head of Lending and Insurance at Egg, Stephen Bright, said: “This mortgage is aimed at customers who want the security of knowing exactly how much their monthly payment will be, and get it fixed at a great rate. In today’s climate with increasing energy prices and economic uncertainty, people want to manage their finances more effectively and budget for the longer term.”
Finding the best mortgage is EASY!Search Mortgage Providers by Location and Lock in the Lowest Rate.
yellowpages.lycos.com
mortgages
Don't just search for mortgages, find results.
www.ask.com
Mortgage Calculator
Looking for Mortgage Calculator? Calculate Your Mortgage Payment.
MorgageCalculator.cn