Today i have called my bank for a 1 month payment holiday to cover an unexpected bill.

I was told that it was possible but i would have to make 2 payments after the loan was due to finish - WHICH I KNEW ANYWAY.

The first was the payments that i had missed - MAKES SENSE

The second was too cover the interest for the 2 Months which was extending totalling £366 which is more than the normal installment.

The lady advised me that the interest was £183 for the month i am skipping and £183 for the month after the original maturity date.

Maybe i am confused but when i took out the loan i was told the interest was NOT "front loaded" added in total at the start, so the amout of interest each month/year would decrease as it was being charged on a smaller balance.

As the interest is being charged at the same amount how can this be as the balance at the end of the loan will be £16k+ lower but the interest is the same amount.

Does that mean that it is front loaded and i have been miss advised when i took out the loan, or is it calculated differently for payment holidays.

SOMEBODY PLEASE EXPLAIN !!!!!!