Where can I find a debt calculator?

24 July2021

You can find two debt calculators on this page, and you can request to speak to a debt expert if you'd like more help and advice.

Before you do, try our debt test. One of our debt experts could discuss your options with you. In the meantime, here's is some information about our debt calculators, how they work and where to find them.

Mortgage calculator and mortgage finder

Our mortgage calculator could be useful if you're looking for a mortgage, or a remortgage, and want to work out how much your repayments could be, to see whether you could afford it.

Our mortgage calculator lets you select a mortgage amount, mortgage term and annual annual interest rate. You can use the sliders to change the values.

The calculator will show you how much you could expect your monthly repayments to be. The results show an interest only mortgage and a repayment mortgage.

(An interest only mortgage is one where you only pay the interest on the mortgage. This makes the payments lower than on a repayment mortgage, but you it doesn't reduce your overall mortgage debt. Also be aware that interest rates can go up as well as down.)

We could help you find a mortgage too. Leave some details with us and we'll search a panel of lenders for you.

A mortgage calculator can help you to find out how affordable the mortgage you want could be. It's really important a mortgage is affordable, because if you can't afford the repayments, you risk losing your home.

Debt consolidation calculator

Debt consolidation puts many different debts into one loan. If you want to work out how much your repayments could be with a debt consolidation loan, our debt consolidation calculator could help.

Try our debt consolidation calculator here.

You can change the loan amount, repayment period and interest rate with the sliders, until you find a repayment amount that you're happy with.

Once you've found an affordable amount, you can contact us to discuss your options. We could help you to find a debt consolidation loan, or another solution if that's better.

While the debt consolidation calculator can be helpful for planning your finances, it doesn't replace speaking to an expert about your situation. A member of our debt team would be happy to talk you through your options.

Consolidating debts could cost more in interest overall, which doesn't suit everyone so it's only worth consolidating debts if it's an affordable option.

Once you've found a repayment amount you're happy with, leave some details with us and we'll contact you to discuss your options. We can search our panel of lenders to help you find a deal that's right for you.

Tags: debt, debts, mortgage, mortgages, debt consolidation, debt consolidation calculator, mortgage calculator

Fees payable when continuing service is provided. Repaying debt over a longer period may increase the total amount to be repaid. Calls are recorded and are usually free from UK landlines. Mobile phone users may be charged and should check with their service provider. Cards are provided by third parties and are subject to eligibility, status and terms and conditions. Applicants must be UK residents aged 18 or over.

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