Personal Loan & Debt Consolidation Calculator
Evaluate unsecured bank loans, peer-to-peer borrowing, and debt consolidation offers. Computes fixed monthly payments, total interest paid, and compares 1 to 7-year terms side-by-side to help you balance monthly affordability with total interest expense.
Personal Loan & Debt Consolidation Calculator
Calculate fixed monthly loan repayments, total borrowing cost, and compare multi-term loan repayment scenarios.
For 36 months at 7.9% APR
Cost of credit
Principal + all interest
Compare Loan Terms for £10,000 at 7.9% APR
Shorter terms carry higher monthly payments but slash your total interest bill dramatically.
| Loan Duration | Monthly Cost | Total Interest | Total Repaid | Action |
|---|---|---|---|---|
| 1 Year (12 mos) | £869.42/mo | £433 | £10,433 | |
| 2 Years (24 mos) | £451.82/mo | £844 | £10,844 | |
| 3 Years (36 mos)ACTIVE | £312.90/mo | £1,264 | £11,264 | |
| 4 Years (48 mos) | £243.66/mo | £1,696 | £11,696 | |
| 5 Years (60 mos) | £202.29/mo | £2,137 | £12,137 | |
| 7 Years (84 mos) | £155.36/mo | £3,051 | £13,051 |
How to Use Personal Loan & Debt Consolidation Calculator
Enter Borrowing Amount
Specify the loan amount you wish to borrow.
Set Representative APR
Enter the interest rate APR offered by the lender.
Compare Loan Durations
Review fixed monthly repayments, total interest charges, and select the optimal term for your budget.
Frequently Asked Questions
Related Tools
Loan & Mortgage Payment Calculator
Calculate monthly loan payments, total interest paid, and amortization schedules.
Car Affordability Calculator (20/4/10 Rule)
Calculate how much car you can realistically afford based on your income and the 20/4/10 rule.
Advanced Multi-Variable Loan Calculator
Solve for periodic payment, maximum affordable loan amount, or loan term with amortization snapshot.
Percentage Calculator
Calculate percentages, percentage increases, decreases, and percentage differences.