SCHEDULE 6HOUSING COSTS
The calculation for loansC1C211
The weekly amount of existing housing costs or, as the case may be, new housing costs to be met under this Schedule in respect of a loan which qualifies under paragraph 16 or 17 are to be calculated by applying the formula—
where—
A = the amount of the loan which qualifies under paragraph 16 or 17; and
B = the standard rate for the time being applicable in respect of that loan.