Your home may be repossessed if you do not keep up repayments on your mortgage
Good to know
- £1,500 cashback on mortgages of £150,000 or over until 1 December 2018. Find out more about our other cashback offers
- Helping Hand Remortgage Offer – we could give you a helping hand when moving your mortgage to us. Find out more.
- You could need as little as 5% deposit
- Repay your mortgage over as many as 30 years
- You can make lump sum or overpayments at any time without incurring a charge
- No Early Repayment Charge if you choose to move home or repay your mortgage early
- We offer mortgages through the Northern Ireland Co-Ownership Scheme
Need to know
- Whether we provide credit depends on your circumstances, and you must be 18 or over - lending terms and conditions apply
- Your home is security for your mortgage, and you may also need to provide other security
- A servicing account will be required
- Your mortgage repayments may go up as well as down
- Not a portable mortgage so if you move home this mortgage will not move with you
A mortgage of £108,000 payable over 18 years on our tracker rate for the mortgage term of 18 years at 2.19% above the Danske Bank Base Rate (UK) of 0.75% (variable) would require 216 monthly payments of £644.28.
The total amount payable would be £139,162.75 made up of the loan amount plus interest (£31,162.75). A product fee (£0), valuation fee (£225) and mortgage exit fees (£125) are also payable.
The overall cost for comparison is 3.0% APRC representative.
The actual rate will depend on your circumstances, please ask for a personalised illustration.
Terms and conditions
- You may have to pay for an independent professional valuation unless you are an existing Danske Bank customer switching mortgages. We will arrange this for you.
- You may have to pay other fees such as legal charges, which are not paid through us.
- You must have buildings insurance in place on your property. You do not have to arrange this through us.
- For full details on charges please see our Tariff of Mortgage Charges.
- If your mortgage term takes you beyond normal retirement age, we may ask you to provide us with evidence that you’ll be able to afford your repayments after you stop working.