|Loan Date||Interest Rate (%)||Interest Gained so far (£)|
As you can see from the table my Zopa interest rates do vary quite a bit. This is because I have a mixture of loan terms as well as borrowers with different risk profiles. The shorter term loans (up to 3 years) generally get me a lower rate of return compared to the 5 year loans. I also have some borrowers classed as market C hence the higher interest rate of 8.11%. I think it is good to have a mix of borrowers so that you spread your risk whilst enabling the chance of higher interest earned. I will hopefully update my Zopa loan book and interest payments monthly.