Demo rate card4.59% fixed for 2 years; then 6.49% assumed variable rate
The pound values and percentages on this page are invented AcornBank product terms, chosen for a realistic bank-style example. They are not current market offers, an invitation to deposit or invest money or a forecast of what a real bank will pay.
| Product detail | Demo terms |
|---|---|
| Account type | Repayment mortgage |
| Rate, reward or charge | 4.59% fixed for 2 years; then 6.49% assumed variable rate |
| Illustrative advance | £25,000.00 to £500,000.00 |
| Access | Monthly capital-and-interest repayments over 25 years in the illustration |
| Eligibility in the scenario | An adult story applicant with a deposit of at least 20% and assumed affordability |
| Fees | £999.00 arrangement fee, paid upfront |
| Currency | GBP (£), used solely for fictional calculations |
Try your own numbers
Change the amounts to see what Treehouse Mortgage would do in the story. Fictional figures, no application, no advice.
- Then at the 6.49% reversion rate
- £1,334.37
- Total interest over the term
- £195,213.58Plus the £999.00 arrangement fee
- Deposit needed
- £50,000.0020% of the price; 80% loan to value
Treehouse Mortgage in charts
The same fictional model as the tables below, drawn rather than written. Hover or focus a mark for its value, or open the table view.
The reversion rate is held constant; a real variable rate would move.
View as a table
| Point | Balance owed |
|---|---|
| Start | £200,000 |
| Y1 | £195,626 |
| Y2 | £191,047 |
| Y3 | £187,324 |
| Y4 | £183,352 |
| Y5 | £179,114 |
| Y6 | £174,593 |
| Y7 | £169,770 |
| Y8 | £164,625 |
| Y9 | £159,135 |
| Y10 | £153,278 |
| Y11 | £147,030 |
| Y12 | £140,364 |
| Y13 | £133,252 |
| Y14 | £125,664 |
| Y15 | £117,569 |
| Y16 | £108,933 |
| Y17 | £99,720 |
| Y18 | £89,890 |
| Y19 | £79,403 |
| Y20 | £68,215 |
| Y21 | £56,279 |
| Y22 | £43,545 |
| Y23 | £29,959 |
| Y24 | £15,465 |
| Y25 | £0.00 |
- Interest
- Capital repaid
Early years are at the introductory fixed rate; later years at the assumed reversion rate.
View as a table
| Category | Interest | Capital repaid |
|---|---|---|
| Year 1 | £9,089 | £4,374 |
| Year 2 | £8,884 | £4,579 |
| Year 3 | £12,289 | £3,723 |
| Year 5 | £11,775 | £4,237 |
| Year 10 | £10,156 | £5,857 |
| Year 15 | £7,918 | £8,095 |
| Year 20 | £4,824 | £11,188 |
| Year 25 | £549.09 | £15,465 |
A £200,000 repayment-mortgage illustration
| Item | Model amount |
|---|---|
| Treehouse price | £250,000.00 |
| Deposit (20%) | £50,000.00 |
| Advance (80% LTV) | £200,000.00 |
| Term | 25 years / 300 monthly payments |
| Months 1–24 payment | £1,121.91 |
| Months 25–299 payment | £1,334.37 |
| Adjusted final payment | £1,335.99 |
| Upfront arrangement fee | £999.00 |
| Total interest | £195,213.58 |
| Total repayments plus arrangement fee | £396,212.58 |
| Illustrative model APRC | 6.35% |
Selected years of the repayment schedule
| Year | Payments in that year | Interest | Capital repaid | Balance at year end |
|---|---|---|---|---|
| 1 | £13,462.92 | £9,088.72 | £4,374.20 | £195,625.80 |
| 2 | £13,462.92 | £8,883.68 | £4,579.24 | £191,046.56 |
| 3 | £16,012.44 | £12,289.49 | £3,722.95 | £187,323.61 |
| 5 | £16,012.44 | £11,774.95 | £4,237.49 | £179,114.21 |
| 10 | £16,012.44 | £10,155.68 | £5,856.76 | £153,278.16 |
| 15 | £16,012.44 | £7,917.62 | £8,094.82 | £117,569.42 |
| 20 | £16,012.44 | £4,824.38 | £11,188.06 | £68,215.36 |
| 25 | £16,014.06 | £549.09 | £15,464.97 | £0.00 |
Assumptions: 4.59% nominal annual interest for 24 months, then 6.49% for the remaining 276 months. The latter is a variable rate held constant only for illustration. Interest is calculated monthly on the outstanding balance and rounded to pennies. Payments are recalculated at month 25; the final payment clears the balance. No overpayments, missed payments or fees other than the £999.00 upfront fee. No valuation, legal, tax or insurance costs are included. The model APRC is the annualised monthly cash-flow return using the advance less the upfront fee; it is an illustrative calculation, not a regulated quotation.
Treehouse Mortgage is repayment mortgage in the Mortgages range, used for buying a fictional treehouse. Its live rate card, summary and worked tables sit above this text and update whenever the product record changes.
Follow the numbers, not just the headline
The tables show the opening amount, time period and result for this product type. Savings figures are before tax unless the wrapper is tax-free; investment figures are scenarios, not forecasts; borrowing figures separate payments, interest and outstanding balance. A displayed result is conditional on its assumptions, not a guarantee. Keep unrelated examples separate rather than adding their balances together.
Other mortgage terms in the story
There are no overpayments in the repayment table. The separate early-repayment illustration would charge 2% of capital repaid early during months 1–12, 1% during months 13–24 and zero after that; those charges are excluded from the scheduled-payment total. The £999 fee is paid upfront rather than added to the advance. This is not a loan offer, affordability decision or property valuation.
See the whole Mortgages range or compare every product on the rates page.
What the example does not promise
All figures are invented and shown to make the demo useful to read and crawl. No money is held, no application is available, and no deposit-protection, regulatory or tax-wrapper status is claimed. Calculations do not account for personal tax, inflation or unstated changes in rates. The fictional bank manager can guarantee only that the next paragraph contains no real acorns.
Related reading
- This Is a Fictional Bank — No Real Banking Here
- Site Map — Every Branch of AcornBank
- Rates — Savings, Borrowing and Rewards
- Help — Unruffle Your Tail
- Mortgages — Borrowing for a Treehouse
- Treehouse Mortgage — How Much Fits in a Hollow?
- Treehouse Mortgage — Compare the Canopy
AcornBank: entirely fictional banking, exceptionally committed squirrels.