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Calculate your interest payments

How it works.

  • Enter the amount you’ve borrowed into ‘Total balance owed’.
  • Enter your interest rate for this debt into ‘Interest rate (APR)’.
  • If you make a set payment every month, enter it into ‘Monthly payment’.
  • Or, if you’re planning to make only the minimum repayment, enter your minimum payment percentage into the next box. This should be between 3% and 5%, but if you’re not sure, ask your lender.
  • You can now see how long your debt will take to repay, and how much interest you’ll pay in total

Interest Calculator

OR
Monthly Payment
Months to Pay Off
Total Paid
Total Interest Paid
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This information should only be used as a guide – your lenders will be able to provide you with specific information in relation to your credit. If you are struggling with debt repayments, we could help you find the right solution.

Find the right solution

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  • Total unsecured debt: £500

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Find the right solution

Answer a few simple questions and we'll help you find your solution.
  • Total unsecured debt: £500

  • This field is for validation purposes and should be left unchanged.

Debt advice you
can trust...

Debt Advice You Can Trust
We are committed to providing the highest standard of service to our customers and helping them find their way out of debt with the most appropriate debt solution.

Money Advice Service

You can get free debt advice from the Money Advice Service – an organisation set up by the Government to offer free and impartial advice to those in debt. Click here for more information.