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Car Loans: The Repayments

Repayments will be deducted at source from your stipend. The repayable term can be up to a maximum of four years, though this is restricted to three years if the proposed vehicle exceeds four years of age.

 

Monthly Repayments

Amount (£)

3 Years

4 Years

3,500

104.90

80.60

4,000

119.88

92.12

4,500

134.87

103.63

5,000

149.85

115.15

5,500

164.84

126.66

6,000

179.83

138.18

6,500

194.81

149.69

7,000

209.80

161.21

7,500

224.78

172.72

8,000

239.77

184.23

8,500

254.75

195.75

9,000

269.74

207.26

9,535

285.77

219.58

9,820

294.31

226.15