What is the 'first payment' and 'last payment' in my repayment schedule? Why am I charged with it?

First Payment: This refers to the Odd Day Interest (ODI) payment, which is due on your first repayment date. It covers the interest calculated from the drawdown date to the first repayment date.

Last Payment: This payment might differ slightly from your usual monthly repayments. This difference is due to adjustments for interest rounding in the previous payments. If there is no specific 'last payment' amount shown, your final payment will be the same as your regular monthly payments.