Danske Bank Fixed 3.08% until 01/07/2021
Assumed borrowing of £125,000 over 25 years, representative 4.5% APRC. Total amount payable: £208,878.03. Includes interest of £82,879.03, Valuation fee of £0, Booking fee of £0 and Administration fee of £999. Repayments: 37 monthly repayments of £597.98 at 3.08% (fixed), then 263 monthly repayments of £706.29 at 4.85% (variable).
Danske Bank customer satisfaction scorecard:
How do we work this out?| Clarity of statements | Flexibility of payments | Transparency of charges | Customer service | Overall customer score |
Not rated |
Eligibility
| Maximum age | 65 |
|---|---|
| Minimum age | 18 |
| Location | Northern Ireland |
| Restricted location note | N/A |
| Existing customer note | You will be required to have a personal current account with Danske Bank to service the mortgage. |
| Eligibility notes | N/A |
Mortgage product details
| Mortgage types | Purchase, Remortgage, Buy to let |
|---|---|
| Deal type | Fixed |
| Tracker type | N/A |
| Payment options | Repayment |
Mortgage product features
| Overpayments allowed | Yes |
|---|---|
| Overpayment limits note | N/A |
| Offset mortgage | No |
| Help to Buy mortgage | No |
| Shared ownership mortgage | No |
| Shared equity mortgage | No |
| New-build mortgage | No |
| Self-build mortgage | No |
| Portable mortgage | Yes |
Product fees
| Arrangement fee | £999 |
|---|---|
| Arrangement fee can be added to loan | Yes |
| Booking fee | £0 |
| Telegraphic transfer fee | £0 |
| Insurance fee | £0 |
| Other fees | £0 |
Rate information
| Minimum borrowing amount | £30,000 |
|---|---|
| Maximum borrowing amount | N/A |
| Minimum term (years) | 5 |
| Maximum term (years) | 30 |
| Initial deal end date | 01.07.21 |
| Initial deal length (months) | 36 |
| APRC | 4.52% |
| Initial rate | 3.08% |
| Revert-to rate | 4.85% |
| Maximum LTV | 60.0% |
Other charges
| Exit fees | £0 |
|---|---|
| Valuation admin fee | £0 |
| Valuation fee | N/A |
| Early repayment note | Early repayment charges apply |
Standard benefits
| Valuation admin fee excluded from any refund offer | Yes |
|---|---|
| Maximum free valuation | £0 |
| Cash back amount | £0 |
| Further notes about benefits | N/A |
Remortgage benefits
| Cash back on legal fees | No |
|---|---|
| Free legal work | No |
| Valuation offer | Payable |
Purchase mortgage benefits
| Cash back on legal fees | No |
|---|---|
| Free legal work | No |
| Valuation offer | Payable |