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Natwest Personal Loan repayment

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  • It is fairly straightforward to explain.
    You are charged £17 this month as you have only taken the loan out. As you make more repayments the monthly interest will decrease until the last month it will be negligible.

    You will end up paying what is quoted on your copy of the CCA agreement unless you repay early.

    In simple terms this is the answer.

    Ask for an amortisation table for your loan it should make sense then.
    Mortgage 1: May 2012 £90,000 April 2020: £47,000
    Mortgage 2: £270,000😱 Jan 2019 £253,000 April 2020
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