Thread: Amount to reclaim?

Sorry to appear to be a bear of little brain, but I'm trying to get my head round the PCCI Calculator.

£65000 borrowed October 2005 to which £15918.50 was added, for a 15 year loan. At 9.09% variable.

Monthly repayments about £660 for the loan and £165 for the insruance.

How much should I be hitting them for?

And... if the insurance is cancelled, will my repayments drop, or do I continue to pay the same amount ongoing.

Thanks... in advance

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I think your payments would drop by the £165 if you cancelled it!
As for what you can claim back (if you are talking about mis-selling) I am sure an expert will be on soon!

Bobbyh