u/Legal_Elk_1669

Hi all

UK based firstly

I have a 23k loan I'll be paying off.

I have an early settlement of 20k.

I also get an interest rebate every time I pay extra.(30 percent ISH)

To my understanding, if I pay 14k of, let the interest rebate take the rest off, then request an early settlement I can save some money overall?

Or am I being stupid (high chance)