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Loan Calculator

Use this loan calculator to work out what your monthly repayments might be for various loan amounts, repayment periods and annual interest rates. This could help decide whether you can afford the repayments, and help you compare different loans. Enter your figures into the top section, then click 'Calculate'. If you want to try different figures you can 'Clear' the form. Please note that this calculator is just a guide. The rates you are offered by lenders will depend upon your individual circumstance.

Loan amount	£ Enter the amount you would like to borrow. Don’t be tempted to borrow more than you need, as you will end up paying much more interest in the long run.
Repayment period	Choose a monthly amount that you can meet comfortably. Spreading the payments over a longer period generally means a lower monthly outgoing amount but the longer the repayment period the more you will pay overall.
APR	% APR stands for Annual Percentage Rate. You should be advised of the APR when you make an application to borrow money. It's the percentage rate which your loan will cost you each year including all charges e.g. annual fees. Where the APR is 'fixed', it means the rate will stay the same throughout the repayment period. Where it says the rate is 'typical', it means that the lender has to offer the quoted rate to at least two thirds of its customers.

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Monthly Payments	£
Total Repayable	£

Debt Consolidation
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Total Amount of Debt

No. of Creditors is required.

Please estimate the total amount you owe, for example car loans, store cards, credit cards, bank overdraft etc. Please do not include your mortgage debt or any loans secured on your home

No. of Creditors

No. of Creditors is required.

The number of people you owe money to.

Monthly Expenditure

Monthly Expenditure is required.

Please tell us approximately how much your usual household living expenses are. Do not include interest, debt repayments or mortgage payments. This figure should be a total of what you spend each month on your general living expenses.

Monthly Income

Monthly Income is required.

Please tell us your total monthly income after tax. Please include any child benefits, tax credits, pension, regular bonus or child maintenance payments that you get.

Employment

Residential Status

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First Name
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Last Name
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Address
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Town
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Home Telephone:
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Compare all your debt options using our free online debt calculator. Arrow Loans compare secured loans, debt consolidation loans, debt management plans and "IVA" Individual Voluntary Arrangements options.
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