Rate my financial situation

[hellohellooo]

Built a large house with some savings
Costs went up had to take some extra loans
No mortgage
2900 per month for loans over next 27 months

Credit card 4k zero per cent interest for 18 months

2 kids
No childcare costs
No pension as of yet

Self employed
Earn 5.5k a month after tax
Part time.

1k expenses per month inc food

If you can afford your loans then why not get them paid off in a couple of years instead of 7 or 8?

You could use this loan calculator to see how much interest you will pay on your existing loan (you will need to know the interest rate) and how much interest you would pay on a new loan (again check out the interest rate) and the different term.

If you want to look at your loan over a longer period of time make sure you look at the new interest rate and total interest payable.

These examples look at the effect of a loan over the 27 months you have left at 20% interest versus 5% interest.

Link to loan calculator:
https://www.moneysavingexpert.com/loans/personal-loan-calculator/

Will take. Look now

Some of the loans are 2per cent

A few are 6

I saw loans earlier and most of them were 7 to 10 per cent

So I think I need to just keep going really !!!!

🍦🍦🍦🍦🍦🍦🍦

HTH?

...

Approx age?

Early 40s