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Personal loan repayment calculator

Calculate the monthly payment and interest on a personal loan.

Illustrative result

£194.93 a month

Monthly payment
£194.93
Interest
£1,356.53

Assumptions

  • The rate is nominal and compounded monthly. Arrangement fees are not included.

Questions

Is the APR the same as this rate?

Only if there are no fees. An APR can be higher than the interest rate.

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.

A month£194.93See breakdown