Loan Calculator

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Repayment Table

To calculate the cost of the loan you require simply enter the details below and click on calculate

Total Monthly Mortgage Repayment: £

Finance Rate Table

Monthly repayments per £1000 borrowed (Repayment Loan)

Alternatively you can to use the following table. Using the example below a £50,000 loan at an interest rate of 8% over a term of 10 years will cost £12.13 per month for every £1,000 borrowed. Therefore a £50,000 loan is calculated by multiplying 50 by £12.13. This equates to a monthly mortgage cost of £606.5 per month.

Years
Months
6.0%
6.5%
7.0%
7.5%
8.0%
8.5%
9.0%
9.5%
10.0%
10.5%
11.0%
5
60
19.33
19.57
19.80
20.04
20.28
20.52
20.76
21.00
21.25
21.49
21.74
8
96
13.14
13.39
13.63
13.88
14.14
14.39
14.65
14.91
15.17
15.44
15.71
10
120
11.10
11.35
11.61
11.87
12.13
12.40
12.67
12.94
13.22
13.49
13.78
12
144
9.76
10.02
10.28
10.55
10.82
11.10
11.38
11.66
11.95
12.24
12.54
15
180
8.44
8.71
8.99
9.27
9.56
9.85
10.14
10.44
10.75
11.05
11.37
20
240
7.16
7.46
7.75
8.06
8.36
8.68
9.00
9.32
9.65
9.98
10.32