Loans Choice

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apr interest calculator
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Loan Calculator

You can use this tool as a car loan interest calculator or a mortgage loan interest calculator or for any other use where you need to calculate monthly payments or the total interest paid.

Please note that Javascript must be enabled in your browser to use this calculator.

Enter Loan Information:
1Amount of the loan:£
2Annual percentage rate of interest: 
3Repayment period in months: 
Payment Information:
4Your monthly payment will be:
5Your total payment will be:
6Your total interest payments will be:

PLEASE NOTE, that due to a number of factors, loan payment calculations can vary from lender to lender even with the same rate of interest and repayment period. The discrepancy is usually only a few pounds either way and it is important to get a precise quote from the actual lender.

The results from the above calculator should be used as an approximate guide only.