Personal Loan Calculator
Calculate personal loan repayments, total interest, arrangement fees, total borrowing cost and view a complete amortisation schedule.
Arrangement Fee
Configure how the lender charges the arrangement fee.
Personal Loan Summary
A complete breakdown of your borrowing costs.
Loan Amount
Arrangement Fee
Amount Financed
Purpose
Repayment Frequency
Fee Type
Fee Payment
Amortisation Schedule
Detailed repayment schedule for every payment.
| # | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
How to Calculate a Personal Loan
Enter your loan details to estimate repayments, interest charges, arrangement fees and the overall cost of borrowing.
How to use this tool
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1Choose your preferred currency.
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2Enter the amount you wish to borrow.
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3Enter the annual interest rate.
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4Enter the repayment term.
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5Select whether the term is in years or months.
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6Choose your repayment frequency.
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7If applicable, enter any arrangement fee charged by the lender.
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8Review your repayment summary and full amortisation schedule.
Helpful Tips
- Supports GBP, USD, EUR, GHS, INR and JPY.
- Compare different interest rates before applying.
- Larger monthly payments generally reduce total interest.
- Always compare the total borrowing cost, not just the monthly payment.
Examples
Things to Know
- • Figures are estimates only.
- • Some lenders may apply additional fees or different rounding methods.
- • Always confirm repayment figures with your lender before entering into a credit agreement.
Frequently Asked Questions
What is a personal loan?
A personal loan is a fixed amount borrowed from a lender and repaid over an agreed period with interest.
Does this calculator include arrangement fees?
Yes. Arrangement fees can be included to estimate the total cost of borrowing.
Can I calculate weekly repayments?
Yes. Monthly, fortnightly and weekly repayment schedules are supported.
Are the results guaranteed?
No. Results are estimates and your lender may calculate repayments differently.
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