Loan repayment calculator
Our personal loan calculator can help you work out your monthly repayments and interest in just a few clicks. See how much a loan costs from Ireland’s leading lenders.
Which lenders can you use the loan calculator with?
We compare loans from all the top banks in Ireland so you know you’re getting the best rates from lenders you can trust. You can use our loan calculator to see the loan rates from these lenders:
- An Post
- Avant Money
- Bank of Ireland
How to keep borrowing costs down
Use our loan calculator to find the cheapest lender and consider these tips:
Borrow as little as possible and repay as soon as you can. To cut any risks and avoid debts spiralling out of control, always base your borrowing on what you can comfortably afford to repay.
Loan calculator FAQs
How do I apply for a loan?
You can apply for a loan directly with your bank or start by using our loan calculator. To qualify for a loan in Ireland, you’ll need to be:
- over 18 years of age
- a resident of the Republic of Ireland
You’ll also need to provide proof of your address, proof of your income and pass a credit check to the lender’s requirement. To find out more about loans, read our Complete guide to loans for all you need to know about borrowing in Ireland.
What is the annual percentage rate (APR)?
APR is short for Annual Percentage Rate. It’s a calculation of the overall cost of your loan and considers all the costs during the term of the loan, including set up charges and the interest rate. It enables borrowers to compare loans between lenders fairly.
What is compound interest?
For loans or credit, compound interest is the interest added to the sum borrowed plus accumulated interest. Not only are you repaying interest on your starting loan, but you’re also repaying interest on the interest.
For this reason, it’s advisable to repay your loan as soon as you can.