low cost loans interest rates

Just take a look at these interest rates for low cost loans aimed at uk homeowners and mortgage payers looking to obtain low cost affordable loans.

low cost loans repayments example

£3,000 to £60,000 from 7.9% APR (variable)
Loan
Amount
300
mths
240
mths
180
mths
120
mths
60
mths
APR
             
£60000 450.00 489.54 561.96 717.48 1207.08 7.90%
£40000 316.82 342.18 389.31 491.76 816.89 8.60%
£30000 237.62 256.64 291.99 368.82 612.67 8.60%
£20000 162.28 174.74 198.02 248.96 411.22 8.90%
£15000 121.71 131.06 148.52 186.72 308.42 8.90%
£10000 81.14 87.37 99.01 124.48 205.61 8.90%
£5000 47.13 49.84 55.20 67.40 107.20 10.90%
£3000 36.12 37.31 39.96 46.59 69.81 14.90%
             
 
Monthly repayments in £'s 'Sterling'- Without payment protection.
           
Copyright © 1999-2002 Eazyloans incorporating www.eazyloans.co.uk. All rights reserved.

total cost of low cost loans

As an example borrow £5.000 over a 'term' of 60 months with 'monthly repayments of £107.20 as shown above.

Calculate 60 x £107.20 = £6,432.00.

Therefore total cost of low cost loans is £6,432.00 - 10.90% (APR var)

Use this link to go back to the main low cost loans page.

 

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