Representative Example 3.85% APRC, based on borrowing £130,000 over 18 years on a 2.98% fixed rate until 30th June 2018, giving 26 monthly payments of £778.36, followed by 190 payments of £837.79 on a variable rate (currently 4%). Total amount payable £179,812.96 including the following one off costs - £30 remittance fee and £248 valuation fee.