Free · Instant calculations
Loan Repayment Calculator
Estimate fixed-rate monthly repayments and view a full amortisation schedule.
How to use this tool
Choose the calculation method, enter your values and select Calculate. Reset clears results and restores the example inputs.
Formula
Payment = P × r ÷ [1 − (1 + r)⁻ⁿ], where r = annual rate ÷ 1200 and n = term in months. At 0%: P ÷ n.
Example
A £12,000 loan at 0% for one year has twelve £1,000 repayments.
Assumptions and limits
Fixed nominal annual rate, monthly payments, no fees or taxes, and payments at month end. Calculations retain precision before display rounding. This is an estimate, not a lender quote.
Frequently asked question
Does the schedule include lender fees? No. It includes principal and interest only.