If you’re considering getting a loan, it’s crucial to understand the types of products available and the risks and advantages of each approach. Use our calculator to work out exactly what you’ll need to pay each month and how much interest you’ll pay. We also explain what extra costs you need to be aware of, the differences between the most common types of loan and how to work out what your loan term should be.
The benefit of our loan calculator is that it’s independent. You simply plug in the APR of the loan you’re considering to see your monthly payments. This works for any personal loan available, rather than being tailored to a specific provider’s rates.
If you're looking for a business loan, rates and payments may differ from the amounts below.