Usually it's the Full amount + 8% interest and your Trustees Fees..... Hopefully your expenses will be less due to you finishing your PTD early........

Good luck......

Welcome to the trust deed forum Brooklyn.

The answer may depend on what the source of these funds will be. Would you mind letting us know?

is an inheratance from my late fathers estate i have informed the trustee just need to know what the final costs will be.i.e trustees fee

Hi Brooklyn

As Porcupine says, you have to pay the debts in full, plus 8% interest, in addition to your Trustees fees. If you have not been in it the full 3 years the fees may be reduced, but in honesty, the bulk of the work is done at the beginning of the Trust Deed, and therefore that is where the bulk of the fees go.
Hope you have some money left for yourself!!

Just out of interest on that point, did you know that if you have life insurance written into Trust for someone, it means if you die during your Trust Deed, the money goes to your partner or siblings etc, not to your Trustee...........One to think about!

I know i have to pay the full amount plus interest its the trustees fees i am not sure about .There is not enough money to pay it all off about £9000 short how do i pay that back

Hi again.

If the lump sum falls short of that total you'd normally carry on with the monthly contributions as well as paying over the lump sum.

Hi Brooklyn

Sorry, but TDA is correct, you would need to continue with your contributions if all the costa were not met.