Connect Finance

			Tel: 07050 655555
*Commercial Mortgage & Business Finance Consultants*

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Loan Repayment Calculator

You may use the simple calculator facility below to calculate the approximate amount per month you might expect to pay on any loan or mortgage repayment.

Just enter the amounts required in the fields indicated and click on the 'Calculate' button.

The following table illustrates a range of possible loan scenarios. The example displayed assumes a £50,000 loan over a term of 10 years at an interest rate of 8%. This would cost £12.13 per month for every £1,000 borrowed. Therefore, a £50,000 loan is calculated by multiplying 50 by £12.13, thus equating to a monthly repayment of £606.64.

Monthly repayments per £1000 borrowed (repayment loan)
Yrs	Mths	6.0%	6.5%	7.0%	7.5%	8.0%	8.5%	9.0%	9.5%	10.0%	10.5%	11.0%
5	60	19.33	19.57	19.80	20.04	20.28	20.52	20.76	21.00	21.25	21.49	21.74
8	96	13.14	13.39	13.63	13.88	14.14	14.39	14.65	14.91	15.17	15.44	15.71
10	120	11.10	11.35	11.61	11.87	12.13	12.40	12.67	12.94	13.22	13.49	13.78
12	144	9.76	10.02	10.28	10.55	10.82	11.10	11.38	11.66	11.95	12.24	12.54
15	180	8.44	8.71	8.99	9.27	9.56	9.85	10.14	10.44	10.75	11.05	11.37
20	240	7.16	7.46	7.75	8.06	8.36	8.68	9.00	9.32	9.65	9.98	10.32

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Consumer Credit Licence number: 493945, Company number: 4059714

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