Loan calculator

You may need to enable JavaScript to use this tool

If you are thinking of getting a loan, use this calculator to help you work out how long it will take to pay it off or how much you’ll need to repay each month. You can also compare different loan rates and lengths and save your results in a table to help you compare them.

You can download the tool and use offline. It is available in excel or open office free software. For more information about open office visit their website.

Download in open office Download in excel

This calculator is for illustrative purposes only and exact payments terms should be agreed with a lender before taking out a loan. 


  • Go to our Borrowing money section to find out about the different types of loan and credit and which might be right for you.
  • See our section Managing your money for more tips about how to manage your finances.
  • Don’t overstretch yourself by taking out loans you can’t afford to pay back!