How I wish I'd found this page 8 months ago! I have been paying $1500 into the Rl360 quantum for 8 months now so I'm $12k invested on a 25 year plan.
I'm a British expat based in Dubai, I'm in engineering and don't have a great knowledge of finance so I put my faith in a financial advisor recommended by a colleague. I'm actually not even annoyed at the advisor, everyone knows not to trust these guys out here, I went along knowing that he would try and sell me something that was best for his commission - and I still fell for his nice guy act and sales pitch. Only myself to blame.
I told him the $1500 is more than affordable at the moment but when I leave the Middle East in 5-10 years time I will need to drop my payments significantly, which he said was absolutely fine. Repeatedly brought up the 2 year payment break as well. When in reality, nobody should go near this plan unless they can guarantee full payments for the duration - and even then it seems it is a poor choice! I shouldn't have signed up until I 100% understood the fees and how it all works, but looking at the spreadsheets on this thread it's crystal clear that I need to get out now and start again.
I'm in a fortunate position where I'm saving around $7.5k a month at the moment so at least the rl360 money was only 20% of my savings. My plan is to cancel rl360 immediately then use the next few months educating myself on how to best invest my money (using this forum and similar ones, and the resources recommended by you guys), and hopefully won't be too long in making that 12k back.
An expensive lesson, but very happy I realised at this stage and not a few years down the line when I need to reduce payments!