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lloyds tsb calculations

Hi am new to this forum,but was wondering if anyone could help me with my calculations?

Cash loan=£8,000,00
Loan protection £2,696.82
Monthly ppi £50.50
Number of repayments 84
Apr 14.9%

I started the loan in July 2007,it will be finished in 3 years.I received my offer today,but not sure of the calculations.
Many Thanks:eek:

Comments

  • di3004
    di3004 Posts: 42,579 Forumite
    Hi there & welcome

    I'm sure someone will be along soon to check them out for you, sorry I am not the one for workings out lol.

    Well done by the way x
    The one and only "Dizzy Di" :D
  • Derwent
    Derwent Posts: 571 Forumite
    Tenth Anniversary Combo Breaker
    Depending on payment dates your refund offer should be in the region of £2,900 and your future monthly repayments will reduce by £50.50 a month
    Its amazing how these banks can't even do simple calculations correctly..............
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