Question 3 You have taken out a loan at 20 years, but after 5 years the interest rate is revisable. What is the amount that is still outstanding after 5 years and therefore needs to be refinanced? And what is the maximum payment that you risk to have make each month. The annual interest that you were originally charged was 3%. The maximum rate increase on revision is limited to 2%. (see also formulary (not included in this example))