The advantage of partial prepayment of the loan is the possibility to choose to reduce the loan period or the monthly repayment amount. At the same time, for the amount repaid early you will only pay the interest calculated at the date of repayment (and the repayment fee if applicable).

If you're thinking of taking out another loan, you can calculate your monthly repayments online in the BT credit simulator and then find out over the phone if you're within the amount you want. 😉

❕Payback processing is only from Monday to Friday, between 09-17. Early repayment requests can also be submitted outside this timetable, but will only be processed during this time.