Loan Calculator – <a href="https://www.improvemycreditscore.uk/" target="_blank" rel="noopener">Improve My Credit Score</a> UK

Loan Calculator

Calculate your monthly payments and see how your credit score affects loan costs

Calculate Your Loan

Loan Amount: £10000

£1,000 £50,000

Loan Term: 3 years

1 year 7 years

Interest Rate (APR): 8.9%

3.5% 35.9%

Your Credit Score Range:

Fix Your Credit Score

Improve your score by up to 100 points with our expert credit repair service.

Debt Consolidation

Combine all your debts into one affordable monthly payment.

Bad Credit Loans

Need a loan with poor credit? We’ve got options for you.

5 Tips for Getting the Best Loan Deal

Check and improve your credit score before applying – Even a small improvement can lead to better interest rates. Request your credit report and fix any errors.
Compare multiple lenders – Don’t accept the first offer you receive. Different lenders have different criteria and rates, even for the same credit profile.
Consider the total cost, not just the monthly payment – A longer term means lower monthly payments but higher overall interest costs.
Be cautious with secured loans – They may offer lower rates but put your assets at risk if you can’t repay.
Read the fine print – Check for early repayment penalties, arrangement fees, and other hidden charges that can increase the true cost of borrowing.

Disclaimer

The calculator provided on this website is for illustrative purposes only. The calculations are based on the information you provide and do not represent an offer of credit or commitment to lend. Actual loan offers, interest rates, and terms may vary based on individual lenders’ assessments of your creditworthiness and other factors. We advise you to seek professional financial advice before making any financial decisions.

Affiliate Disclosure

Improve My Credit Score UK maintains financial relationships with some of the products and services mentioned on this website, and may be compensated if consumers choose to apply for these products or services via our links. This compensation may impact how and where products appear on this site. Improve My Credit Score UK does not include all lenders or all available loan products in the marketplace.