When you take out a loan, you typically have to pay interest on the amount you borrowed. Interest is the cost of borrowing money — it’s how your lender earns a profit and offsets the risk of lending.

To calculate your home's equity, subtract the balance on all debts secured by your home – including your primary mortgage and any secondary loans – from your property's current appraised value. The ...

I’m in the middle of filming a Tonight with Trevor on Payment Protection Insurance for loans. Historically many have got this insurance without realising it, because they’ve no idea how much a loan ...