Loan Repayment Calculator

Estimate your monthly repayments based on loan amount, interest rate, and term length.

Loan repayment calculator

Estimate monthly repayments using APR and term.

How to use the Loan Calculator

This free loan repayment calculator helps you estimate monthly repayments, total interest, and overall cost of a personal loan, car loan or mortgage. Just enter your loan details to see results instantly.

Steps

  1. Enter the loan amount you want to borrow (e.g. £10,000).
  2. Type the APR (%) – the annual percentage rate your lender charges.
  3. Set the loan term in years (e.g. 3, 5, or 25 years).
  4. Click Calculate to see your estimated monthly payment, total repaid, and interest.
  5. Use Clear to reset the form and try new scenarios.

Examples

  • Personal loan: £5,000 at 7% APR over 3 years → £154/month.
  • Car loan: £15,000 at 5% APR over 5 years → £283/month.
  • Mortgage: £200,000 at 4% APR over 25 years → £1,055/month.

FAQ

What does APR mean?

APR (Annual Percentage Rate) includes the interest rate and certain fees, showing the true yearly cost of borrowing.

Does this include fees?

No. This calculator shows repayments and interest only. Extra fees from your lender are not included.

Can I use it for mortgages?

Yes. It works for mortgages, car loans, and personal loans. Just enter the loan amount, APR and term length.