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Publication date and quote validity are different dates
Official guidance may remain useful while a lender's example or quote has changed.
Conversely, a current quote can still require checking the law and authority that govern it.
Retain both source context and offer date. Calling a page recent is not proof that every rate, right or condition in a separate agreement remains current.
Compare secured and unsecured structures
Definitions
- Total repayable
- Sum payable under the stated schedule and its assumptions; contingent charges and changes must be considered separately.
- Amount received
- Money actually made available to the borrower, which can differ from the stated loan amount if a charge is deducted.