How much will I be paying back?

Posted:

**Fri Jun 28, 2019 8:37 pm**Hi,

I have just completed my first I&E review, it's looking like (all being well), our payment will be increased due to job changes etc.

I was hoping someone could work out how much the full total I should pay will be, as what I will end up paying with be over 2x the original debt, I am with aperture and intend to query this once I&E confirmed, but would just like someone's expertise

So my total debt amount is: £6753

IVA fees: 3204

Contributions up to now: £1100

After I&E: 45x£248 = £11,160

After car finance: 4x£480=£1920

Therefore, I will be paying back approx: £14,180

Likely to increase through next I&Es due to annual wage increases, completed qualifications and lower outgoings(childcare etc)

Would just like to know if this seems reasonable or is it likely we will have paid 100% before 5 years is up?

Thanks in advance

I have just completed my first I&E review, it's looking like (all being well), our payment will be increased due to job changes etc.

I was hoping someone could work out how much the full total I should pay will be, as what I will end up paying with be over 2x the original debt, I am with aperture and intend to query this once I&E confirmed, but would just like someone's expertise

So my total debt amount is: £6753

IVA fees: 3204

Contributions up to now: £1100

After I&E: 45x£248 = £11,160

After car finance: 4x£480=£1920

Therefore, I will be paying back approx: £14,180

Likely to increase through next I&Es due to annual wage increases, completed qualifications and lower outgoings(childcare etc)

Would just like to know if this seems reasonable or is it likely we will have paid 100% before 5 years is up?

Thanks in advance