Need help working out your loan repayments?

One of our dearest friends Maya has built a simple (and pretty) tool to help you work out what your loan repayments will be. Plug in the relevant details and see what you can/can't afford. You can also use the tool to work out if you can pay off your loan faster.

Key assumptions:

The figures provided should be used as an estimate only and are based upon the information you put into the calculator. We have made a number of assumptions when producing the calculations including:

• Fees: No bank fees, government fees and package fees have been considered.
• Loan term and loan amount: We assume the loan term and loan amount are what you enter into the calculator.
• Interest rates: We assume that the rate you enter, is the rate that will apply to your loan for the full loan term – even if you choose
• Interest and repayments: The displayed total interest payable is the interest for the loan term, calculated on the assumed interest rate.