How fees are calculated

You will begin paying fees at the start of the sixth year of owning your home, five years after your completion date.

Start of Year	HomeBuy Direct equity loan assistance	Estimated RPI %+1	Fee percentage	Annual fee due	Estimated monthly payment
1	£60,000	6%	0%	-	£0
2	£60,000	6%	0%	-	£0
3	£60,000	6%	0%	-	£0
4	£60,000	6%	0%	-	£0
5	£60,000	6%	0%	-	£0
6	£60,000	6%	1.75%	£1,050	£88
7	£60,000	6%	1.86%	£1,113	£93
8	£60,000	6%	1.97%	£1,180	£98
9	£60,000	6%	2.08%	£1,251	£104
10	£60,000	6%	2.21%	£1,326	£110