Loan cost calculator
Enter your own terms for a simple estimate. The calculator does not insert lender rates and is not a loan offer.
Estimated interest
Estimated total repayment
How the estimate is calculated
The calculator uses a simple-interest estimate: amount × annual rate × days / 365. Any fees you enter are then added.
How to use the calculator
Use figures from a specific offer or document and compare the same amount and term. Instalments, compounding or additional charges can make the actual repayment schedule different from this simple estimate.
This is a simple-interest estimate only. It does not calculate an official APR or other regulatory cost measure and does not replace the lender’s calculation or documents.