Nat West Loan- Please calculate my early payment fee...

Kavanne

Mattchew wrote: »

Gaz,

Ask Natwest if there is the ability to have a 'top up loan'. You're requesting an addtional £8k and an additional 3 years repayment, but the APR remains the same...

NatWest do not offer this

TheGaz1982

Hi,

Thanks to all for your replies.

The amount that I initially borrowed was 50/50 to pay of debt and also to spend on home improvements- which did not increase the square footage of the proerty, probably slightly increased the value- but this will have been cancelled out by the current climate.

I feel that the only other thing I could do is to pay the existing loan off and then get a loan through another provider.

Could anyone calculate the amount I would have to pay back based on above (someone has mentioned around £16,000.)

Also coult someone reccomend a good company that offer good rates for HI loans. (22-25k over 10 year would be my preference).

Thanks,

Gareth.

CLAPTON

after 6 payments you would owe about 16,200
they can charge you a month or twos interest so maybe up to 300 more

in todays climate 11.4% is a pretty good rate.

if you're looking for 25k loan I assume you earn at least 50k per annum.

Mattchew

TheGaz1982 wrote: »

Hi,

Thanks to all for your replies.

The amount that I initially borrowed was 50/50 to pay of debt and also to spend on home improvements- which did not increase the square footage of the proerty, probably slightly increased the value- but this will have been cancelled out by the current climate.

I feel that the only other thing I could do is to pay the existing loan off and then get a loan through another provider.

Could anyone calculate the amount I would have to pay back based on above (someone has mentioned around £16,000.)

Also coult someone reccomend a good company that offer good rates for HI loans. (22-25k over 10 year would be my preference).

Thanks,

Gareth.

Can't you just get a long interest free credit card on purchases that offers a super balance transfer if needed?

Kavanne

Mattchew wrote: »

Can't you just get a long interest free credit card on purchases that offers a super balance transfer if needed?

10 yrs interest free? I wish!!