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