We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
rule of 78
I was wondering if anyone could help.
I have a lone that has 41 payments of 209.10 left to pay and a total of 7,6620.60 left.
the interest rate is 9.05%
what is was wondering is is there a spread sheet or something similar to work out if it is worth paying off the loan or not.
or is there an easy way to work out if how much interest I would save?
this is my first post so im not sure if this has been asked before.
I have a lone that has 41 payments of 209.10 left to pay and a total of 7,6620.60 left.
the interest rate is 9.05%
what is was wondering is is there a spread sheet or something similar to work out if it is worth paying off the loan or not.
or is there an easy way to work out if how much interest I would save?
this is my first post so im not sure if this has been asked before.
0
Comments
-
when did you take out the loan?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards