Calculators
Loan Calculator
Estimate monthly repayments, total interest and total cost for a loan, with a yearly repayment breakdown. Free loan calculator.
Result
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How to use the Loan Calculator
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1
Enter the amount you want to borrow.
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2
Enter the interest rate and term.
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3
Review the monthly payment and total cost.
About this tool
Estimate what a business or personal loan will cost each month and in total. The yearly breakdown shows how much of each year's repayments goes on interest.
Frequently asked questions
Is this the same as APR?
Not exactly. APR includes fees as well as interest. Lenders must show you the APR, so compare offers using that.
Is this financial advice?
No. It is an estimate using a standard repayment formula. Speak to the lender or a qualified adviser before borrowing.