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Early repayment

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  • PixelPound
    PixelPound Posts: 3,058 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    OP, how are overpayments handled? You may be better paying nearly all of the loan, save £300 and then the loan clear in the final couple of months and avoid the early repayment charge (but check T&C first).
  • Thanks all. It’s annoying that the math is correct but there you go!
  • If it’s any help to those working through the math the loan agreement says the interest over the 5yrs is 9577.30. No broker or admin fees.
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