Thundercliffe81
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Think I got the decimal point in the wrong place! It's £27 per thousand I think! So on a 40,000 loan with a GFRV of 30k you would be paying 27x30 £810 over the odds per year plus capital repayment on 10k (plus decreasing interest) divided by 3 or 4 years. Best play with on line modelling tools or talk to an expert.
This is Greek to me mate. It's my mathematical ignorance. Not my strong point.
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