Loan calculator
Vol. I · § Plain figures
The number you borrow.
The number you repay.
For interest-free loans up to £50,000 over a term you choose. There is no APR, because there is no interest. No comparison rate, because there are no fees. Choose your amount and your term, and see your monthly repayment immediately.
Looking at our non-repayable financial support instead (up to £10,000)? Grants are not calculated — they are awarded based on assessed need. Begin an application and a caseworker will discuss which fits your situation.
01 — Amount
£6,000
02 — Term
24 months
Drag the slider to set how much you'd like to borrow. Choose a repayment term you're comfortable with — shorter terms mean larger monthly payments. The total remains exactly the amount borrowed, because there is no interest.
Your monthly repayment
£250.00
for 24 months — starting 30 days after funds arrive
- Total to repay
- £6,000.00
- Total interest
- £0.00
- Total fees & charges
- £0.00
- APR
- 0.0%
- Amount you receive
- £6,000.00
Figures shown are illustrative. Your formal offer, repayment dates and exact instalment breakdown will be confirmed in writing after approval. You can repay early at any time, in full or in part, at no extra cost.
Full repayment schedule
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A few honest notes
- · This calculator is illustrative. Your offered amount and term will be confirmed in your written loan agreement after approval.
- · The monthly figure rounds to the nearest penny. Any fractional pence land on your final instalment so the total repaid is always exactly the amount borrowed.
- · If your circumstances change during the loan, the term can be extended with no fee. Repayments pause on request.
- · We will never quote a different figure between this page and your agreement.