Finance Calculator

Feel free to reach out to us for all your loan needs; we’re here to assist you every step of the way.

Calculate Finance

Ever struggled to figure out how finance is calculated? Try our finance calculator below. We’ve included helpful things such as how much interest you’ll be paying, how much your payments will be each month, and the APR on your finance.

Plan Breakdown

Interest rate 6.9% APR
59 payments of £290
Final payment of £300
Total cost of credit £5000
Option to purchase fee £1
Total payable £22,250

Your Budget

£1000 £30000

£10,000.00

Contract length

12 Months 60 Months

5 years

APR % (Click To Edit Rate)

Per Month Deposit

Get My Budget

How are interest rates calculated?

Each lender has specific criteria that looks at your individual financial circumstances and calculates the interest rate based on these details. finance rates usually range between 4 % and 30% APR. loan rates are subject to change.

Representative Example

Borrowing £10,000 over 54 months with a representative APR of 14.8%, an annual interest rate of 14.8% (Fixed) and a deposit of £0.00, the amount payable would be £250 per month, with a total cost of credit of £3,500 and a total amount payable of £13,501, including a one-off Option to Purchase fee of £1.

We offer hire purchase loans between £2,000 – £40,000 at a personalised APR between 6.9% and 24.9%