You can use the calculator below in order to calculate the monthly payments for a loan.

Enter the number of years, the interest rate (e.g. 8.9 for 8.9%) and amount to borrow (e.g. 10000 for £10,000), then hit the calculate button.

The results show the monthly payments to be made, the total amount you will have to repay over the period of the loan and the total amount of interest that you will be paying.