|
| How to use the repayment calculator
1. Select the amount you would like to borrow
from the nearest available option on the drop down menu.
2. Enter the interest rate applicable e.g.
For example if the interest rate of the loan you were interested
in applying for was 10.9%, you would enter 10.9 in the second
box.
3. Select the period you wish to repay the loan from the
nearest option on the drop down menu. Next click the
'Calculate Repayments' button. 4. Your monthly
repayment will be displayed, followed by the total amount you
will pay and a figure for the total interest you will pay. |
|
|
