Revolving credit repayment estimator
Estimate the monthly repayment on a single draw from a revolving credit facility. Set the draw, the rate and a repayment term up to 24 months. Because you only pay interest on what you've drawn, the repayment covers this draw alone, not your full limit.
£10k£1m
6%45%
Monthly repayment
DrawInterest · £5,008
Each square is one monthly repayment (two years shown).
- Repayments
1212 - Repaid by
- Sept 2027
Illustrative: interest on this draw only, fees excluded. Your facility terms are set out in your offer.
Apply for revolving creditHow is this calculated?
- Monthly rate = annual rate ÷ 12.
- Number of repayments = term in months.
- Repayment uses the same amortisation formula as a business loan.
Estimates are good. Offers are better.
See your real amount and repayments with a soft search, which won't affect your credit file. Subject to status.