Loan Calculator

MONEY SYMBOL

The symbol is for display only. Changing it does not convert currencies.

Loan details

LOAN AMOUNT

£

ANNUAL INTEREST RATE

% per year

LOAN TERM

TERM UNIT

Optional fees

UPFRONT FEE

£

MONTHLY FEE

£

Fees are included in the total cost but are not treated as part of the amount borrowed.

ESTIMATED MONTHLY PAYMENT

—

INCLUDING MONTHLY FEES

AMOUNT BORROWED —

TOTAL INTEREST —

TOTAL FEES —

TOTAL REPAYABLE —

LOAN PAYMENT —

NUMBER OF PAYMENTS —

■ Principal ■ Interest ■ Fees

Enter the loan amount and term to calculate repayments.

HOW IT WORKS

Enter the amount you want to borrow, the annual interest rate and the repayment term.

The calculator estimates the fixed monthly repayment required to repay the loan over the selected period.

0% loans are supported. If the interest rate is zero, the borrowed amount is simply divided across the number of monthly payments.

Optional upfront and monthly fees can also be included to show a more complete estimate of the total cost.

The interest rate entered here is a simple annual interest rate used for the repayment calculation. It should not automatically be interpreted as APR or APRC.

Important: Results are estimates only. Actual lender calculations may differ because of payment dates, rounding, fees, compounding methods and other terms.