fao PiperSam
regarding loan repayments, something most people don't factor in is training time. My 65k ish loan in 2003 turned into 85k by 2005 when I started to pay it back. My repayments were on a base + 2% level. Over this time the repayment needed to finish in 7 years varied from 1000 - 1200. I now pay 1500 to finish about 6 months early.
The BBVA loan (again Im not privvy to the exact terms) does sound attractive, 3% in this current climate is exceptional however is that fixed? is in sterling? and is interest charged during your training period? Usually the best part of two years.
Just make sure you fully understand the terms.
regards