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Interest cost calculator
Show a year of interest on a balance if you do not repay principal.
Illustrative result
£597.00 interest
- Monthly interest
- £49.75
- Over the months
- £597.00
Assumptions
- The balance does not fall. A repayment loan costs less interest than this.
Questions
Is this a credit card minimum?
No. It is the interest charge if the balance stays where it is.
Use this in your own plan
The result stays in your browser. Create an Aldoraun account if you want to keep a budget, accounts and a cashflow forecast.
Related calculators
Estimates only. Tax and repayment rules can change, and this is not financial, tax or pension advice.
Interest£597.00See breakdown