PLAIN FIGURES/05 / LOAN

Loan Repayment Calculator

Calculate monthly repayments and the full cost of any personal loan, car finance, or credit agreement. See the true APR and year-by-year breakdown.

Loan Details
£
APR
%
5.0 years
months
Results
Monthly Payment
£296
Total Repaid
£17,779
Total Interest
£2,779
19% of loan
Effective APR
7.12%
true annual cost including compounding
Yearly Breakdown
Yr
Interest vs Principal
Interest
Balance
Y1
£954
£12,398
Y2
£768
£9,611
Y3
£570
£6,625
Y4
£357
£3,426
Y5
£129
£0