How to use the calculator
This calculator lets you work out the cost of borrowing. If you know the repayments you are making, it will tell you the annual interest rate (APR) you are being charged. If you know the annual interest rate (APR), the calculator will tell you how much you’ll have to repay each month, how much you’ll repay in total and how much of that is interest. The answers are based on the information you give - only you will know this information – it is not passed on to anyone else.
Please enter your numbers into the orange boxes. The calculator will automatically work out the amounts for you and these will appear in the box at the bottom of the screen. To change the numbers either type them in again or click the ‘Reset’ button. To store your information please click the ‘Save’ button – this will allow you to continue at a later date.
| If you borrow £0 for 0 months repaying £0 a month the interest rate you are paying is 0% a year. |
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| If you borrow £0 for 0 months at an interest rate of 0% and repay the loan in equal monthly instalments, you will pay back £0 each month and £0 in total. This means you will pay this much in interest £0 |
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Please note that figures are rounded to the nearest pound.