Can someone help me workout loan repayments with interest rate please

[Twopeapods]

When DH and I moved house we took a loan out after to pay off our car and get the new house floored and the garden done (new build).
The loan was for £11,000 with an interest rate of 12.9APR. The loan is over 48 months and is £290.73 per month. We have 12 payments left to clear the loan and are trying to work out how much would be left if we paid it off in full just now. But also how the payments come to 290.73? I'm just going round in circles.

That sounds the right repayment: this is a useful calculator which matches your APR and repayment schedule. Cost of credit is just under £3k over the 4 year. So if you can repay early, do!

www.moneysupermarket.com/loans/calculator/

Also, your current balance will be circa £3040,, so you would save about £450 by paying off early. (Assuming no early repayment charges), but the loan company will confirm exactly.

The best thing to do is get a settlement figure from the loan company. This will tell you the balance remaining, but there may also be fees and charges to settle.

Have a look at the links in the opening posts of the spreadsheet thread further down this board ....

With 12 payments to go, the amount still outstanding is circa £3,268.57 - however you may have contractual early repayment penalties too.

I didn't think about early repayment charges. But hopefully the money saved on the interest would be more! I'll phone for a settlement figure.
Thank you dazzlers for the link. I'll have a look on it just now.