APR Calculator

This rate example is not a quotation and is for illustration purposes only. A full quotation will be provided by your lender should you apply and figures may vary slightly.

This calculator below will help explain what APR is and how it is calculated.

Loan Amount (C):£
*Extra Cost (E):£
Interest Rate % (R):%
No. of Months (N):months
Monthly Payment:
Total Payment:
Total Interest:
APR (A):

*The “Extra Cost (E)” is any other fees involved in the transaction which could include an application fee, processing fee, etc. Basically its money you borrowed but never received.