Loan calculator
Estimate monthly repayments, total repayable and total interest for a fixed-rate loan.
Estimate only. Actual repayments depend on lender criteria, fees, credit status and the finance product offered.
Estimated monthly repayment
£0
- Total repayable£0
- Total interest£0
- Loan term5 years
Estimate loan repayments
Use Kandoo's loan calculator to estimate monthly repayments based on the amount borrowed, APR and repayment term. It can help you understand the relationship between monthly affordability and total interest.
How the repayment is calculated
The calculator uses a standard amortising repayment formula for a fixed-rate loan. A longer term usually lowers the monthly payment but can increase the total amount of interest paid.
Compare the total cost
Before applying, compare the monthly repayment, total repayable, APR, fees and any early settlement terms. Kandoo is a credit broker, not a lender.
What does APR mean?
APR stands for annual percentage rate and is designed to show the annual cost of borrowing, including interest and certain charges.
Does a longer term reduce monthly repayments?
Usually yes, but spreading borrowing over longer can increase the total interest paid.
Is this a guaranteed loan quote?
No. It is an estimate only. Actual offers depend on lender checks and your personal circumstances.