- CALCULATE how much your personal loan will cost you
- SEE your monthly repayments over time using loan calculator
- LEARN how much you will pay in interest
- FIND a better loan for you with a loan calculator

Thinking of taking out a loan, or already paying one back? The uSwitch loan calculator helps you calculate your monthly repayments, the amount you'll pay in interest, and how long your loan will take to pay back. Easy!

What is it?

Our loan calculator can be used for anything from mortgages, car loans, or credit cards. Just enter the amount you have borrowed, the loan term, and the interest rate, and our personal loan calculator will show you your repayments.

Just fill in the basic details and we can break down the total amount you will pay back, the total interest amount you will pay, your debt amount month by month, and show you a graph of your repayments.

What can you afford?

Use our personal loan calculator UK to see what you can afford. Interest on a loan is charged on the full amount left to pay back including interest charges, so the quicker you repay your debt the less you'll be charged for borrowing. Once you've calculated your monthly repayments we can show you how much you can save by paying back more. Just estimate how much you can afford to overpay each month, and we'll show you how much you can save on interest payments and how soon you can close your debt. Be careful though. It's easy to enter a higher repayment amount and get excited by the prospect of paying your loan back early, but it's no good if you can't really afford it. If you're borrowing money from elsewhere, or go into an overdraft, then you're not really paying back the debt, you're just moving it somewhere else.

Borrow cautiously

Remember to only borrow within your means. Your monthly repayments should be affordable over the entire duration of the loan and should take potential changes of circumstance into account. And keep in mind that the longer it takes to pay off your loan, the more you'll pay in interest payments. And if you're thinking of overpaying read the terms and conditions of your loan agreement. Some loans will charge you extra if you try and repay the debt early, or overpay by too much within a given period of time.

Why uSwitch?

If you're looking for a personal loan calculator come to the experts. uSwitch is one of the UK's oldest and most established comparison and switching services, saving people across the UK money on the household bills and services.

uSwitch is a free, impartial and independent comparison service that helps you find the best and cheapest deals on anything from energy and insurance to mobile phones, broadband and financial products. We're here to help you save money. Our loan calculator UK is just the latest way we're providing our free money saving service to more people.

Use our loan calculator the right way

Our loan calculator UK is designed to give you an indication of how much your loan is likely to cost you, but a personal loan calculator is no replacement for financial advice. If you're thinking of borrowing money but need advice we recommend you speak to a certified financial advisor. You can speak to your bank or financial provider, but it's worth getting a few different opinions before you commit to a loan.

If you're struggling with repayments please read our debt advice guides. Depending on your situation you may be able to spread payments over time to make it easier to repay what you owe.