Selecting the most suitable finance product for your circumstances.
How your income expectations can affect your choice of product:
- If you believe that your income and expenses will remain relatively stable over the term of the agreement, our Equal Payments product with its fixed repayments is the most suitable choice.
- If your disposable income is expected to increase sharply in the near future we would recommend our Balloon Payment product which has the option of lower repayments for the life of the loan with a range of options at the end of the loan dependent on your circumstances at that time.
- If you anticipate your income remaining stable, with other expenses possibly increasing over the term, our Equal Principal product with its reducing repayments over the life of the line may be the best option for you.