By improving your home loan to ?200,000, the month-to-month monthly payments goes upwards by ?111. You’ll end having to pay ?6,600 in further interest. Should you borrowed exactly the same quantity on a personal loan, charging a higher interest rate of 8%, but repaid over five years, you’ll pay ?4,170 in interest. It seems sensible… By improving your home loan to ?200,000, the month-to-month monthly payments goes upwards by ?111. You’ll end having to pay ?6,600 in further interest. weiterlesen