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can you work this settlement figure out


almikenina
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this is what lloyds say about paying off early

 

 

Loan charges

 

If you repay the whole loan early, you must also pay us an administration fee when you make the repayment. This will be equal to 58 days’ interest under this agreement, up to a maximum of £250 calculated on a daily basis on the outstanding balance on the loan account.

 

 

 

 

can somebody work this out for me

i owe 3900 and have 11 months left out of a 5 year loan period.

The interest rate is 8.9%

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