Halifax Loan - Example:

 

Loan amount – £5,000
Monthly repayment – £152.28

Loan term (months) – 50

Number of repayments – 48
Total amount repayable – £7.309.44
Representative APR – 19.9%
Loans between £7,000 and £15,000

Loan amount - £9,000  
Monthly repayment - £187.32
Number of repayments – 60
Loan term (months) - 62  
Total amount repayable - £11,239.20  
Representative APR – 8.8%   
Annual interest rate (fixed) – 8.85%

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