Personal loan repayment calculator

Match your personal loan to your budget with a loan repayment calculator

Using a loan calculator or a repayment calculator can help you work out the cost of a personal loan. When considered carefully and set-up to suit your circumstances, a personal loan can be a great way to meet your financial needs. Personal loans work in a wide variety of circumstances and a loan calculator can help you identify the savings as well as the costs.

Personal loans for unplanned expenses

A personal loan can help you deal with surprise expenses. It’s not uncommon to be faced with a cost that you hadn’t planned for, or to find that you need to spend money that you don’t have access to.

This could be for a range of reasons: maybe your car has developed a major problem; or you have a house repair that needs immediate attention; perhaps there’s an opportunity to make a purchase that you hadn’t planned for; or take a trip that you haven’t saved for in advance.

It’s always better to have money saved for unexpected costs, but unfortunately that’s not always possible. A personal loan can provide access to the cash that you need now. Using a personal loan calculator can help you understand the benefits of faster repayment or a longer loan term.

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Content shared here by One Partner Ltd for AA Finance.