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Loan ammount

asandwhen
asandwhen Posts: 1,407 Forumite
Is there a calculator to work out how much of your loan you have left to pay - the Loan is with Lloyds tsb and was for £25,000 over 60 months at £500 per month - I have made 26 payment and want to know what is left - The interest is calculated daily if that makes a difference. The rate is 7.9%

Comments

  • DawnW
    DawnW Posts: 7,875 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    It depends when the loan was taken out, as the rules have changed for new loans (from earlier this year). Why not just ring the bank and ask them for a settlement figure?
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