Axel Chartered Accountants 3 Minshull Street, Knutsford, Cheshire, WA16 6HG  Phone: 01565 755 255 Fax: 01565 654 090  Email: info@axel.co.uk
LOAN CALCULATOR
Principle
How much could I borrow based on a regular repayment I can afford to pay?

Repayment
If I borrowed so much for a certain period at a specified interest rate, what would my regular repayments be?

Rate
What is the interest rate for a loan repaid over a specified period?

Period
If I borrowed so much with specified repayments at a specified interest rate, how long would it take to pay the loan off?
Calculations involving compound interest can be complex and a number of factors can affect the overall computation. This calculator is designed to give you a close approximation of what you might expect on loans which are repaid by regular instalments which do not change throughout the period of the loan and the interest rate is fixed.