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United Kingdom · 1 tools

Loans & Credit calculators

Same amount, same term, then compare the monthly payment against the total you will actually repay.

Start here, then explore the groups below.

Choose a loan calculation in the right order

Start with the amount you need to borrow, then compare monthly payments and total repayment over the same term. Treat any result as a planning estimate until you have checked the lender’s written quote and product terms.

  1. Use the same borrowing amount when comparing scenarios.
  2. Compare total repayment as well as the monthly payment.
  3. Check fees, introductory periods and early-settlement rules in the lender’s documents.

Amount, term, then total repaid

The Loan calculator handles any fixed-rate amortising loan — personal, car, home-improvement, or business-unsecured — by computing the monthly payment, total interest, and total repaid for any combination of principal, rate, and term.

Before applying: always compare the representative APR (advertised) with the offered APR (personalised after a soft credit check). The offered rate is typically higher for smaller loans or shorter terms. Most UK high-street lenders adjust rates in fairly wide bands — comparison sites can save you significant interest.

More tools in this category1

Use these supporting calculators when you need a more specific comparison or a second opinion on the same decision.