This loan repayment calculator uses similar amortization formulas that are used by the banks, and credit-card companies.
Fill in the details below to work out your repayments on a loan if you buy a new or used car, or for any personal loan. You can even use it as a mortgage repayment calculator (same principles apply).
Another related tool we have is the Compound Interest Calculator which can help you work out your long term savings and investments.
Mortgage or Loan Repayment Calculator
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Total Paid In Interest
Total Amount Paid Back
Monthly Payment£
