Amount You Wish to Borrow: This is the principal amount you plan to borrow from the lender.
For How Long?: The duration (in years) over which you will repay the loan. The longer the term, the lower your monthly repayments, but the more interest you may pay overall.
APR (Annual Percentage Rate): The yearly interest rate charged on your loan, including any fees, expressed as a percentage.
Monthly Repayment: The amount you must pay each month to repay your loan, which includes both the interest and a portion of the principal.
Total Amount Repayable: The total of all your monthly repayments added together. This includes the original amount borrowed plus all the interest and any fees charged over the life of the loan.
Total Cost: The difference between the total amount repayable and the amount originally borrowed. This figure represents the total interest and fees you will pay by the time the loan is fully repaid.
Disclaimer: The figures shown are estimates based on the details you have provided. Your actual loan terms, interest rates, and payments may vary. Please consult with a qualified lender or financial advisor for accurate and personalized information.