Knowing where you are in the life of a facility helps you plan — whether you’re budgeting, deciding on an overpayment, or timing a business decision around when the borrowing ends.
Where to look
- Open your dashboard or Account > Facility.
- See the payments made, payments remaining and the projected end date.
- The repayment schedule in your Key Information Sheet shows the same, payment by payment.
Using it
If you’re close to the end, a small overpayment might clear it and stop the last of the interest. If you’re early in the term and cash is comfortable, paying ahead saves more. On a revolving Flex facility, “payments left” looks different because you can draw and repay — there the figure to watch is your balance and headroom rather than a fixed countdown.
Your facility is priced with simple interest and the figures fixed up front on your Key Information Sheet, so nothing here changes what you owe by surprise — it only changes how you view, manage or evidence it.
See also: How to view your facility limit and headroom, How to work out what you’d save by settling early, What the Key Information Sheet shows.