Loan Repayment Calculator! How does it help?
We don’t believe in bank jargons. We let our customers know what the relevant terms such as APR mean. APR means the annual percentage rate. In simpler terms, this is the rate which tells you how much it will cost you to borrow money in an average year, over the full term of the loan. We can also call it a true cost of borrowing money.
Many traditional lenders, brokers charge you upfront fees or hidden charges. Therefore they tell you a representative APR which includes those charges, in addition to the personal loan interest rate.
How much can I borrow with a Personal Loan UK
As we are the direct UK lenders, we are able to provide you with the best APR, fixed interest rates, without any fees. We take higher risks for our customers. Our fixed APR could start from 2.9 % per annum, depending upon the amount you are looking for.
Our personal loan repayment calculator lets you toggle between various options and decide the loan specifics on your own.
For example
Let’s say a customer enters a personal loan amount of £10, 000 that he wishes to take it out for a period of 60 months. As per our representative fixed APR of 3.4%, his fixed monthly repayment could be £181.41. Also, he could end up paying a total amount £10,884.60.
Let our Loan repayment calculator help you!
Apply now.
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