First Time Buyer 10 Year Fixed Rate Mortgages
Compare First Time Buyer 10 Year Fixed Rate Mortgages
Virgin Money 10 Year Fixed 90% LTV
10 Year Fixed Offer
- Initial Rate – 3.25% APR
- 90% Loan To Value (LTV)
- 10 Year Fixed
- £300 Cashback!
Overall cost for comparison 3.9% APRC
Call Virgin Money FREE on 0330 057 1528
First Time Buyer 10 Year Fixed rate Mortgage Deals
Buying your first home can be both exciting and daunting. For most people a mortgage will be required to make home ownership a reality but it is important to remember that with taking out a mortgage comes the responsibility of repaying it. Before setting out to buy a home you should determine how much you can afford to borrow.
In determining this you should factor in your total income, any money owing e.g loans or credit cards and other costs such as living expenses. Use our mortgage calculator to work out how much your monthly mortgage repayments might be. Different lenders have different criteria on how much they will be happy to lend you so this will affect the mortgage deals available to you.
In repaying your mortgage you have different options on repaying it back. With a repayment mortgage you pay back every month some of the loan as well as interest so effectively each month you pay a little off your mortgage.
If you make all the agreed repayments over the term of the mortgage you will repay off the loan at the end of the mortgage term. With an interest only mortgage you pay off only interest every month so the responsibility is on you to have a way of paying the loan at the end of the mortgage term.
In choosing a mortgage you have a number of options. You can use our tables above to help you select a product and call the respective lender direct who will advise you on your options or you speak to our independent mortgage broker team to help source you a mortgage plan from a panel of providers.