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Loan Calculator

Find out how reasonable a credit union loan would be

There are two calculation options, depending on what you would like to know:

Method [A] - I know how much I can afford each time: How long will it take to clear the loan?

Method [B] - I know how long I wish to repay my loan: How much will each repayment be?

New Loan: Inclusive of Interest
What kind of a loan do you need?
How much would you like to borrow? £
How often will you make repayments?

METHOD A
How much will each repayment be (including interest)? £  Click to calculate
Repayment Information:
The number of repayments will be:
Your loan will be repaid over:
Your total repayment will be: £
The total interest will be: £

METHOD B
How long to pay off this loan?   Click to calculate
Repayment Information:
Each repayment will be (including interest): £
Your loan will be repaid over:
Your total repayment will be: £
The total interest will be: £

Whilst every care has been made in the production of this document, the ACCU, or its staff, cannot be held responsible for any omissions, errors or other mistakes made herein. This document is for quotation purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing.

Differences between Method A and Method B are due to rounding of fractional amounts.

 
Calculator & Scripts © Progress Systems Ltd · Used with Permission