Quote a loan repayment
- Caller
If I borrow 18,000 pounds over five years at 6.5 percent, what would the monthly payment be?
- Agent
Let me work that out. On those terms the monthly payment comes to about 352 pounds, so roughly 21,100 pounds in total over five years.
- Caller
And if I pay it off after three years?
- Agent
I can run that too. Paying off after three years would leave you with about 11,800 pounds still to clear in the final payment. Would you like me to book a call with the lending team to go through the options?