When a £250,000 Loan Turns into £28,000–£29,000 of Interest: What Rolled vs Serviced Interest Really Means

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Which questions about rolled and serviced interest will I answer, and why they matter to your project budget? If you are borrowing £250,000 for 12 months and someone tells you the interest will be "around £28,000-£29,000", you're at a crunch