Pricing
Rates and assumptions
Ask for the written breakdown and conditions of any alternative offer. Comparing with and without a product is meaningful only when the assumptions remain visible.
| The timing of a fee changes how it affects cash flowFree | A financed charge can change more than the opening balanceFree | A percentage fee needs its calculation baseFree | |
|---|---|---|---|
| A charge paid separately, deducted from proceeds or financed within the balance can have different practical effects. | ✓ | — | — |
| The comparison records timing and treatment alongside the rate. | ✓ | — | — |
| If a fee becomes part of an interest-bearing balance, its later cost may differ from its face amount. | — | ✓ | — |
| Ask where it enters the schedule and disclosure. | — | ✓ | — |
| The same displayed percentage can refer to principal, balance, settlement or another defined amount. | — | — | ✓ |
| The written terms should be used to form the example. | — | — | ✓ |
Know which documents matter
Build a consolidation comparison
Locate the rate conditions in the written offer and note which figures could change over the repayment term.