Secured loans representative example: If you borrow £10,000 over 10 years at an Annual Interest Rate of 6.7% (variable) you would make 120 payments of £134.56 per month. The total amount repayable will be £16,147.20 (This includes a lender fee of £495 and a broker fee of £1,250 which have been added to the loan.) The overall cost for comparison is 8.6% APRC representative.
