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UTOPIA
Introducing
UTOPIA a brand new product from First Active
In
a perfect world you'd have all the money you need, when you need
it. UTOPIA from First Active can take you one step closer to that
perfect world. By combining your borrowings into one low monthly
repayment, UTOPIA could leave you with extra cash in your pocket
every month.
How
does UTOPIA work?
Switch your home loan to a First Active UTOPIA Loan and we will
combine all your other personal loans into one low monthly repayment
at home loan interest rates. We'll even make a contribution towards
your transfer fees and offer you a once off rate switch option.
How
much can I save?
Typical example before UTOPIA
|
Current
Loan Status
|
Balance
Outstanding |
Term |
Typcial
APR |
Typical
Monthly Repayments |
| Mortgage |
£50,000 |
20
yrs |
6.31% |
£361.98 |
| Car
Loan |
£10,000
|
3
yrs |
8.99% |
£316.30 |
| Personal
Loan |
£7,000 |
5
yrs |
10.54% |
£148.24 |
| TOTAL |
£67,000 |
|
|
£827.24 |
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With
UTOPIA you could pay just |
| TOTAL |
£67,000 |
20
yrs |
6.13%* |
£432.97 |
| |
Monthly
reduction of £394.27 |
*Based
on 1 year fixed rate over 20 year term as at 23/03/01.
What should I do next?
If you need any further information or would like to make an application
for a First Active UTOPIA loan just call into Quinn Bros. Our specially
trained Loan Advisors will be happy to answer any questions you
have and help you on your way to financing your borrowing requirements.
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