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This resource page provides a selection of easy-to-use calculators. Enter your figures to plan your finances and make better-informed financial decisions.
Simply select a Calculator from the drop-down menu above. |
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| Loan calculator |
This calculator generates answers in relation to loans with monthly capital and interest repayments. Based upon the loan amount borrowed, the annual percentage rate (APR) and the loan period, the calculator estimates the quantity and amount of monthly repayments, the total repayments and interest charge over the total loan period.
For example, borrowing £1,00,000 at 6.75% over 10 years, will involve 120 monthly repayments at £11,380.13, total repayments over the 10 year period of £1,365,615.65 of which £365,615.65 will represent total interest.
The APR is intended to provide borrowers with the best indicator of the true cost of borrowing. However if you have the nominal rate of interest on loan you repay monthly instead of the APR required for this calculator, simply use the Interest Rate Convertors at the foot of the page to convert. |
