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AIB loan - save money by paying off early?

  • 29-09-2020 5:18pm
    #1
    rcanpolat
    Registered Users, Registered Users 2 Posts: 146 ✭✭


    I have an AIB personal loan. It was 8000 when i got it, i have around 1200 left to pay off.

    If i pay it off early will i save money vs continuing to pay monthly until the balance reaches zero?

    AIB have no penalty for paying off early but would i end up paying the same in interest either way?


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