Total other liabilities
−£0.00
£1,428.13repaid over the last 12 months
Non-mortgage borrowing is netted off your assets alongside your mortgages. Clearing higher-rate balances first is usually the quickest route to a higher net wealth.
Your liabilities
£14,128.13Car finance
Porsche Financial Services · PCP · balloon £6,900
−£10,880.00
Ends Jun 2028
Credit card
Amex Platinum · Cleared in full each month
−£3,248.13
Statement 24 Aug
Cost of borrowing
This tax yearInterest paid
£748.00
Capital repaid
£1,428.13
Blended rate
6.90%
Monthly commitment
£3,890.13
Your highest-rate balance is costing the most. Clearing it first saves more than the equivalent overpaying on a cheaper mortgage.
Paydown this year
Capital repaidYou've reduced your non-mortgage borrowing by £1,428.13 this tax year. James can model an accelerated paydown plan against your cash and investment position.
Balances and rates are shown as held with each provider. Speak to James before restructuring any borrowing.