MONEY & EVERYDAY

Loan repayment

Estimate a fixed-rate monthly repayment.

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How it works

Estimate a fixed-rate monthly repayment. Fill in the form and choose Calculate. It opens with an example already filled in, so you can see how it works first.

What you need

Amount borrowed (GBP)
Nominal annual interest (%)
Number of monthly payments

What you get

Monthly payment, Total repaid, Interest
Copy or save the result

Example

The tool opens with Amount borrowed (GBP): 10000; Nominal annual interest (%): 6; Number of monthly payments: 36.

That gives: Monthly payment: £304.22; Total repaid: £10,951.90; Interest: £951.90.

Good to know

Equal month-end payments and a fixed nominal annual rate, divided by 12. Excludes fees. This is not an APR comparison or a lender quote.

Your privacy

What you type is worked out in your browser and is not sent anywhere. There are no accounts, adverts or tracking scripts.