Loan Calculator UK
Free UK loan calculator to calculate monthly payments, APR, total interest, and repayment schedule. Compare rates from Lloyds Bank, HSBC, Tesco Bank, Halifax, and NatWest. Plan your personal loans and business loans with overpayment options. Export to Excel.
Loan Details
Overpayments (Optional)
Results
Payment Schedule (Amortization Table)
| Month | Payment Date | Beginning Balance | Principal | Interest | Overpayment | Total Payment | Ending Balance |
|---|---|---|---|---|---|---|---|
| 1 | 1 December 2025 | £25,000.00 | £344.70 | £156.25 | £0.00 | £500.95 | £24,655.30 |
| 2 | 1 January 2026 | £24,655.30 | £346.85 | £154.10 | £0.00 | £500.95 | £24,308.45 |
| 3 | 1 February 2026 | £24,308.45 | £349.02 | £151.93 | £0.00 | £500.95 | £23,959.43 |
| 4 | 1 March 2026 | £23,959.43 | £351.20 | £149.75 | £0.00 | £500.95 | £23,608.22 |
| 5 | 1 April 2026 | £23,608.22 | £353.40 | £147.55 | £0.00 | £500.95 | £23,254.83 |
| 6 | 1 May 2026 | £23,254.83 | £355.61 | £145.34 | £0.00 | £500.95 | £22,899.22 |
| 7 | 1 June 2026 | £22,899.22 | £357.83 | £143.12 | £0.00 | £500.95 | £22,541.39 |
| 8 | 1 July 2026 | £22,541.39 | £360.07 | £140.88 | £0.00 | £500.95 | £22,181.33 |
| 9 | 1 August 2026 | £22,181.33 | £362.32 | £138.63 | £0.00 | £500.95 | £21,819.01 |
| 10 | 1 September 2026 | £21,819.01 | £364.58 | £136.37 | £0.00 | £500.95 | £21,454.43 |
| 11 | 1 October 2026 | £21,454.43 | £366.86 | £134.09 | £0.00 | £500.95 | £21,087.57 |
| 12 | 1 November 2026 | £21,087.57 | £369.15 | £131.80 | £0.00 | £500.95 | £20,718.42 |
| 13 | 1 December 2026 | £20,718.42 | £371.46 | £129.49 | £0.00 | £500.95 | £20,346.96 |
| 14 | 1 January 2027 | £20,346.96 | £373.78 | £127.17 | £0.00 | £500.95 | £19,973.18 |
| 15 | 1 February 2027 | £19,973.18 | £376.12 | £124.83 | £0.00 | £500.95 | £19,597.07 |
| 16 | 1 March 2027 | £19,597.07 | £378.47 | £122.48 | £0.00 | £500.95 | £19,218.60 |
| 17 | 1 April 2027 | £19,218.60 | £380.83 | £120.12 | £0.00 | £500.95 | £18,837.77 |
| 18 | 1 May 2027 | £18,837.77 | £383.21 | £117.74 | £0.00 | £500.95 | £18,454.56 |
| 19 | 1 June 2027 | £18,454.56 | £385.61 | £115.34 | £0.00 | £500.95 | £18,068.95 |
| 20 | 1 July 2027 | £18,068.95 | £388.02 | £112.93 | £0.00 | £500.95 | £17,680.93 |
| 21 | 1 August 2027 | £17,680.93 | £390.44 | £110.51 | £0.00 | £500.95 | £17,290.49 |
| 22 | 1 September 2027 | £17,290.49 | £392.88 | £108.07 | £0.00 | £500.95 | £16,897.60 |
| 23 | 1 October 2027 | £16,897.60 | £395.34 | £105.61 | £0.00 | £500.95 | £16,502.27 |
| 24 | 1 November 2027 | £16,502.27 | £397.81 | £103.14 | £0.00 | £500.95 | £16,104.46 |
| 25 | 1 December 2027 | £16,104.46 | £400.30 | £100.65 | £0.00 | £500.95 | £15,704.16 |
| 26 | 1 January 2028 | £15,704.16 | £402.80 | £98.15 | £0.00 | £500.95 | £15,301.36 |
| 27 | 1 February 2028 | £15,301.36 | £405.32 | £95.63 | £0.00 | £500.95 | £14,896.05 |
| 28 | 1 March 2028 | £14,896.05 | £407.85 | £93.10 | £0.00 | £500.95 | £14,488.20 |
| 29 | 1 April 2028 | £14,488.20 | £410.40 | £90.55 | £0.00 | £500.95 | £14,077.80 |
| 30 | 1 May 2028 | £14,077.80 | £412.96 | £87.99 | £0.00 | £500.95 | £13,664.84 |
| 31 | 1 June 2028 | £13,664.84 | £415.54 | £85.41 | £0.00 | £500.95 | £13,249.30 |
| 32 | 1 July 2028 | £13,249.30 | £418.14 | £82.81 | £0.00 | £500.95 | £12,831.15 |
| 33 | 1 August 2028 | £12,831.15 | £420.75 | £80.19 | £0.00 | £500.95 | £12,410.40 |
| 34 | 1 September 2028 | £12,410.40 | £423.38 | £77.57 | £0.00 | £500.95 | £11,987.02 |
| 35 | 1 October 2028 | £11,987.02 | £426.03 | £74.92 | £0.00 | £500.95 | £11,560.99 |
| 36 | 1 November 2028 | £11,560.99 | £428.69 | £72.26 | £0.00 | £500.95 | £11,132.29 |
| 37 | 1 December 2028 | £11,132.29 | £431.37 | £69.58 | £0.00 | £500.95 | £10,700.92 |
| 38 | 1 January 2029 | £10,700.92 | £434.07 | £66.88 | £0.00 | £500.95 | £10,266.85 |
| 39 | 1 February 2029 | £10,266.85 | £436.78 | £64.17 | £0.00 | £500.95 | £9,830.07 |
| 40 | 1 March 2029 | £9,830.07 | £439.51 | £61.44 | £0.00 | £500.95 | £9,390.56 |
| 41 | 1 April 2029 | £9,390.56 | £442.26 | £58.69 | £0.00 | £500.95 | £8,948.31 |
| 42 | 1 May 2029 | £8,948.31 | £445.02 | £55.93 | £0.00 | £500.95 | £8,503.28 |
| 43 | 1 June 2029 | £8,503.28 | £447.80 | £53.15 | £0.00 | £500.95 | £8,055.48 |
| 44 | 1 July 2029 | £8,055.48 | £450.60 | £50.35 | £0.00 | £500.95 | £7,604.88 |
| 45 | 1 August 2029 | £7,604.88 | £453.42 | £47.53 | £0.00 | £500.95 | £7,151.46 |
| 46 | 1 September 2029 | £7,151.46 | £456.25 | £44.70 | £0.00 | £500.95 | £6,695.21 |
| 47 | 1 October 2029 | £6,695.21 | £459.10 | £41.85 | £0.00 | £500.95 | £6,236.10 |
| 48 | 1 November 2029 | £6,236.10 | £461.97 | £38.98 | £0.00 | £500.95 | £5,774.13 |
| 49 | 1 December 2029 | £5,774.13 | £464.86 | £36.09 | £0.00 | £500.95 | £5,309.27 |
| 50 | 1 January 2030 | £5,309.27 | £467.77 | £33.18 | £0.00 | £500.95 | £4,841.51 |
| 51 | 1 February 2030 | £4,841.51 | £470.69 | £30.26 | £0.00 | £500.95 | £4,370.82 |
| 52 | 1 March 2030 | £4,370.82 | £473.63 | £27.32 | £0.00 | £500.95 | £3,897.18 |
| 53 | 1 April 2030 | £3,897.18 | £476.59 | £24.36 | £0.00 | £500.95 | £3,420.59 |
| 54 | 1 May 2030 | £3,420.59 | £479.57 | £21.38 | £0.00 | £500.95 | £2,941.02 |
| 55 | 1 June 2030 | £2,941.02 | £482.57 | £18.38 | £0.00 | £500.95 | £2,458.46 |
| 56 | 1 July 2030 | £2,458.46 | £485.58 | £15.37 | £0.00 | £500.95 | £1,972.87 |
| 57 | 1 August 2030 | £1,972.87 | £488.62 | £12.33 | £0.00 | £500.95 | £1,484.25 |
| 58 | 1 September 2030 | £1,484.25 | £491.67 | £9.28 | £0.00 | £500.95 | £992.58 |
| 59 | 1 October 2030 | £992.58 | £494.75 | £6.20 | £0.00 | £500.95 | £497.84 |
| 60 | 1 November 2030 | £497.84 | £497.84 | £3.11 | £0.00 | £500.95 | £0.00 |
Formula
P = loan amount, r = monthly rate (APR / 12), n = total months
About UK Loan Calculator
Our free UK loan calculator helps you plan your personal loans and business loans with accurate monthly payment calculations, APR (Annual Percentage Rate) display, and comprehensive repayment schedules. Whether you're considering a loan from Lloyds Bank, HSBC, Tesco Bank, Halifax, or NatWest, this calculator provides instant results to help you make informed financial decisions.
The calculator supports both personal loans and business loans, with different interest rates for each loan type. UK banks typically offer competitive rates for personal loans ranging from 3% to 15% APR, while business loans may have rates between 4% and 20% APR depending on the lender, loan amount, and your credit profile.
One of the key features of this calculator is the APR (Annual Percentage Rate) calculation. APR represents the true cost of borrowing, including the interest rate and any additional fees. This makes it easier to compare loan offers from different UK banks, as APR provides a standardized way to evaluate the total cost of credit.
The calculator also includes overpayment functionality, allowing you to see how making extra payments can reduce your total interest cost and shorten your loan term. You can choose to make monthly overpayments or a one-time lump sum payment at any point during your loan term. This feature is particularly useful for UK borrowers who want to pay off their loans faster and save on interest.
Our UK loan calculator generates a detailed amortization schedule showing each monthly payment, how much goes toward principal and interest, and your remaining balance. The schedule can be exported to Excel (CSV format) for further analysis or record-keeping. This is especially helpful for business loans where you may need to track payments for accounting purposes.
When using this calculator, keep in mind that actual loan rates may vary based on your credit score, income, loan amount, and the specific terms offered by each bank. The default rates provided are estimates based on typical UK market rates as of 2025. Always consult with your chosen bank for the most accurate rates and terms before making a final decision.
Whether you're planning a personal loan for a major purchase, home improvement, or debt consolidation, or a business loan to expand your operations, purchase equipment, or manage cash flow, this free UK loan calculator provides the tools you need to understand your borrowing costs and plan your repayments effectively.