Loan Repayment Calculator

Calculate monthly loan repayments, total interest and see how overpayments can save you time and money. Supports repayment and interest-only

Loan Repayment Calculator

Loan Amount (£)

Total amount to borrow

Annual Interest Rate (%)

Annual percentage rate

Term Value

Term Type

Repayment Type

Choose how you'll repay the loan

Monthly Overpayment (£) Optional

Extra amount paid each month

Monthly Payment

£1,228.17

Total Repayment

£368,452.50

Total Interest Paid

£168,452.50

Amortization Summary

After Year 1£196,166.21 remaining

Midpoint£133,012.15 remaining

Final Year£1,222.57 remaining

Monthly payment is calculated using the standard mortgage formula and is rounded to the nearest penny.

Related Tools

Mortgage Calculator

💰 Finance

Calculate your monthly mortgage payments, total interest and repayment cost. Compare rates and see how overpayments save you money.

Mortgage Overpayment Calculator

💰 Finance

See how much you could save by overpaying your mortgage. Calculate time saved, interest saved, and compare your new payoff date with your original term.

Mortgage Affordability Calculator

💰 Finance

Use our comprehensive UK mortgage affordability calculator to see exactly how much you can borrow based on your salary, deposit, and outgoings.

UK Student Loan Repayment Calculator

💰 Finance

Calculate your monthly student loan repayment and see how long until it is paid off. Supports Plan 1, 2, 4, 5 and Postgraduate loans with projected timelines.