Repayment calculator
| Use the slider to find out how much you’ll be paying on the money you borrow. The boxes below will display the key facts about your interest and repayments | |||
| APR (%) | First minimum repayment (£) | First interest charge (£) | Total interest year 1 (£) |
|---|---|---|---|
| 14.9 | 12.50 | 2.92 | 29.78 |
| 14.9 | 15.00 | 3.50 | 35.74 |
| 14.9 | 17.50 | 4.08 | 41.70 |
| 14.9 | 20.00 | 4.67 | 47.65 |
| 14.9 | 22.50 | 5.25 | 53.61 |
| 14.9 | 25.00 | 5.84 | 59.57 |
| 14.9 | 27.50 | 6.42 | 65.51 |
| 14.9 | 30.00 | 7.00 | 71.46 |
| Balance | First minimum repayment (£) | First interest charge (£) | Total interest year 1 (£) |
|---|---|---|---|
| 250 | 12.50 | 2.92 | 29.78 |
| 300 | 15.00 | 3.50 | 35.74 |
| 350 | 17.50 | 4.08 | 41.70 |
| 400 | 20.00 | 4.67 | 47.65 |
| 450 | 22.50 | 5.25 | 53.61 |
| 500 | 25.00 | 5.84 | 59.57 |
| 550 | 27.50 | 6.42 | 65.51 |
| 600 | 30.00 | 7.00 | 71.46 |
It’s important to understand how the amount you borrow will affect your monthly repayments. That way you’ll know what you can comfortably afford to borrow. We’ve created this simple tool to help you work out what you can afford to spend on your credit card. Simply follow the on-screen instructions.
If you’d like an independent financial healthcheck, you can visit the FSA’s Money Made Clear – the site includes a free debt test.
Other topics
- What is responsible borrowing?
- What are the pros and cons of credit cards?
- What should you do before selecting a credit card?
- How do we know you're creditworthy?
- How should you manage your spending?
- What should you do if you have payment difficulties?
- Why is a good credit history important?
- How can you help avoid fraud?
Full Glossary
See our Glossary to get through the jargon.
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