Monthly repayment examples

Below is a sample of our standard repayments available to all applicants. Once your application is received and approved* we will send a written quotation confirming the exact costs of your loan.

Typical Example of Monthy Repayments

Loan	10 years	15 years	20 years	25 years	APR range
£30,000	380.59	300.40	263.38	243.38	8.9% - 9.4%
£40,000	501.35	395.72	346.96	320.60	8.8% - 9.1%
£50,000	622.12	491.04	430.53	397.82	8.7% - 8.9%
£60,000	741.05	584.92	512.84	473.88	8.6% - 8.7%
£70,000	859.99	678.79	595.14	549.93	8.5% - 8.6%
£80,000	977.09	771.22	676.18	624.82	8.4% - 8.5%
£90,000	1099.07	867.50	760.60	702.82	8.4% - 8.5%
£100,000	1219.84	962.82	840.33	768.66	8.2% - 8.4%

Examples of overall costs if you keep the loan for the full term:

Loan	Total charge for credit 10 year loan	Total charge for credit 20 year loan
£30,000	£15,670.80	£33,211.20
£40,000	£20,162.00	£43,270.40
£50,000	£24,654.40	£53,339.20
£60,000	£28,926.00	£63,081.60
£70,000	£33,198.80	£72,833.60
£80,000	£37,250.80	£82,283.20
£90,000	£41,888.40	£92,544.00
£100,000	£46,380.80	£101,679.20

APR:
Variable in all cases shown above – fixed rates and interest only repayments available on selected plans not shown above, the cost of which may increase when compared to our standard plans. Typical APR is based on £40,000 repayable over 240 months at 8.8% APR variable.

Early repayment charges:’
The maximum charge you will incur if repaying your loan early will be one month’s interest plus one month’s notice to settle or interest in lieu. In addition a small discharge fee is added plus the remaining capital balance on your loan.

Other Information:
The repayments quoted are for guide purposes only and represent our standard plans that will suit most applicants.
If you are self employed (non professional) without business accounts or have an adverse credit history or where the equity margin exceeds 75% of the value of your home you might not qualify for the above terms and a suitable alternative will be offered in which case the interest rate charged could vary from the one shown.

Repayments quoted include an arrangement fee as follows: £1200 (loans up to £39,000), £1100 (loans up to £49,000), £1000 (loans up to £59000), £750 (loans up to £69,000), £500 (loans up to £79,000), £100 (loans up to £99,000), £1800 (loans £100,000 over 25 yrs) £2500 loans £100,000 over 20yrs). no fee on loans of £100,000 over 10yrs and 15yrs. These costs are added to the loan and included in your repayments. For loans of £100,000 where the repayment term is between 20 yrs and 25 yrs only a fee of £695 is added by the lending company, this is included in the repayments shown.

No charges are payable in advance and you may withdraw at any time up to receiving funds without cost. After release of funds the fee charged is not refundable under any circumstances. All costs are clearly stated in the credit agreement that will be sent to you.

Applications are approved provisionally in the early stages and subject to verification, status and other qualifications. We reserve the right to refuse an application or offer terms other than our standard repayment plans if circumstances dictate.

The information here relates to private residential loans only. Terms may differ if the loan is for business use is secured to business/commercial property or the security property is not occupied by the applicant.

There are NO fees or charges to pay if you do not proceed with your application up to release of funds.
Rates correct at time of publication but subject to change without notice – Guardian Homeloans Limited are licenced credit brokers and member of the Finance Industry Standards Association (FISA).