Loan Payment Calculator

Here's why I use the Loan.co.uk Loan Payment Calculator...

Immediate response.
Without hassle.
Great rates.
But the most important reason people use the Loan.co.uk loan payment calculator, is the company behind it.

And I don't even mean Loan.co.uk. I mean the parent company behind Loan.co.uk.

Vantage Group is the largest independent loan brokerage group in the UK. That means they can find the best loan offers from across the UK for any purpose and any circumstances. Well, nearly. They specialise in helping people with poor credit. And are dedicated to homeowners.

So go ahead and try out the ease to use loan payment calculator on this page, you'll find it top right with a blue background.

Here's a breakdown of the sections in the payment calculator.

Calculate your monthly payments

How much do you want to borrow?

Let's pick something. Many people borrow around £28,000 so let's use that as an example.

Over how many years?

Click the drop down menu and you'll have a list of numbers to choose from that reflect how many years you want to see repayment calculations for. For this example I'll pick 15.

Calculate button

Now just click on the calculate button and hey presto you'll have an instant answer.

Repayments

For the example I've used with borrowing £28,000 over 15 years I get a figure of £247.30 per month.

APR

And this section shows you the interest rate that has been used to calculate your repayments. At the time of this writing the rate is 6.9%.

So this calculator shows me I might be able to borrow £28,000 and repay it with less than £250 a month. Not bad.

You Can Make Instant Adjustments

But perhaps I would rather repay it over a little longer time period so I can reduce the monthly repayments. So I can go back to the drop down menu and select a different number, let's try 19 years.

Click calculate again and hey presto an instant answer.

Just £217 a month will allow me to get 28k right now. With that money I can get a very nice car, take a grand holiday with my family, surprise my wife with a deposit for that house we're after, and pay off both the remainder of hers and my old student debts (so I won't have those repayments to worry about every month anymore either!).

Of course to really get an accurate quote you will then fill in the loan quote form in the yellow background near the top of the page which leads to a full application quote page for all the rest of your details. And it all starts with exploring a simple interest loan calculator.

So get started now by using the easy to use loan payment calculator at the top of this page.

Loan > Loan Calculator