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Procedures to prepare to possess an excellent ?100,000 mortgage app The above will cost you do not are lender costs or other financial will cost you and you can imagine the borrowed funds is reduced on the basis regarding investment and you will attention for a price of five% appeal The mortgage identity you choose could be influenced of the simply how much you really can afford to invest monthly. Borrowers who can be able to shell out a whole lot more monthly you will choose a smaller name, putting some overall cost out-of borrowing ?100,000 much cheaper for them.