| Loan calculator
The loan calculator supplied by
the Office of Fair Trading and it enables you to easily see
how much you might have to repay.
|
This
loan calculator will work out how much a loan will
cost you. Fill in the figures in the first three boxes
and click on 'Calculate' to display the results in
the last two boxes.
|
|
Borrowing Repayment
Table
Based upto borrowing £1,000
| |
1 year |
3 years |
5 years |
10 years |
15 years |
20 years |
| 5% |
£1,027 |
£1,077
|
£1,129
|
£1,266
|
£1,413
|
£1,569
|
| 10% |
£1,053 |
£1,154 |
£1,262 |
£1,557 |
£1,887 |
£2,248 |
| 15% |
£1,078 |
£1,231 |
£1,398 |
£1,867 |
£2,404 |
£2,995 |
| 20% |
£1,102 |
£1,308 |
£1,536 |
£2,191 |
£2,947 |
£3,773 |
| 25% |
£1,126 |
£1,385 |
£1,675 |
£2,523 |
£3,502 |
£4,557 |
| 30% |
£1,149 |
£1,461 |
£1,815 |
£2,860 |
£4,058 |
£5,333 |
Example Monthly Repayments Table
|
25 years |
20 years |
15 years |
10 years |
5 years |
2 years |
APR |
£2,000 |
£20.16 |
£21.17 |
£23.22 |
£27.99 |
£43.87 |
£93.87 |
12% |
£5,000 |
£50.41 |
£52.93 |
£58.05 |
£69.97 |
£109.68 |
£233.94 |
£7,000 |
£70.57 |
£74.10 |
£81.27 |
£97.96 |
£153.55 |
£327.51 |
£10,000 |
£91.70 |
£97.28 |
£108.18 |
£132.80 |
£213.05 |
£461.99 |
10.6% |
£15,000 |
£137.55 |
£145.92 |
£162.27 |
£199.20 |
£319.57 |
£692.99 |
£20,000 |
£183.48 |
£194.56 |
£216.36 |
£265.60 |
£426.10 |
£929.98 |
£25,000 |
£197.59 |
£213.46 |
£242.95 |
£307.01 |
£510.25 |
£1133.86 |
8.6% |
£30,000 |
£237.11 |
£256.16 |
£291.54 |
£368.41 |
£612.30 |
£1360.63 |
£35,000 |
£253.07 |
£276.71 |
£319.58 |
£410.97 |
£697.24 |
£1571.07 |
7.5% |
£40,000 |
£289.22 |
£316.24 |
£365.23 |
£469.69 |
£796.85 |
£1795.51 |
£50,000 |
£361.53 |
£395.31 |
£456.54 |
£587.11 |
£996.06 |
£2244.39 |
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