Lloyds TSB loan HELP

DRE17

Hi, Im currently new to this forum and hoping you guys and ladies may help me.

Im currently wanting to pay of my loan with my bank which originally started out from a £2800.

Im currently out standing by £868 and a few pence. I want to pay this off in full but i occur a early settlement fee off 125.65 or something. See below for numbers and information

Original loan amount:£2,800.00
Original loan term: 18
Opening date of loan:19 Jul 2013
Monthly loan repayment amount:£180.22
Next loan repayment date:28 Apr 2014
Remaining term (months):5

Amount outstanding (including interest due to the end of your loan) [?] £2002.07
Early settlement rebate [?] £122.09
Total amount to settle your loan (amount outstanding less early settlement rebate) [?] £1879.98

If i paid off 700 or the something like that and then left the balance at my current monthly charges would they pay me for a early resettlement fee that way?

I hope this makes sense.

Thank you in advance for any help i get on this :A

gingeralan

Your post has conflicting figures. Not entirely clear what you want to know.

jonesMUFCforever

If you make an overpayment there is no early settlement fee.

DRE17

Basically I have remaining off my £2800 loan £868 to pay off.

So if i pay £690 which will leave the loan at £178 and let that go through last of D.D will i miss out on the early settlement fees?

jonesMUFCforever

DRE17 wrote: »

Basically I have remaining off my £2800 loan £868 to pay off.

So if i pay £690 which will leave the loan at £178 and let that go through last of D.D will i miss out on the early settlement fees?

Yes..............