There are two calculation options, depending on what you would like to know:

Method [A] - I know how much I can afford each time: How long will it take to clear the loan?

Method [B] - I know how long I wish to repay my loan: How much will each repayment be?

New Loan: Inclusive of Interest

What kind of a loan do you need?	›	Standard Loan 8%Car Loan 6%Home Improvement 6%
How much would you like to borrow?	€
How often will you make repayments?	›	Fortnightly Monthly

METHOD A

How much will each repayment be (including interest)?	€
Repayment Information:
The number of repayments will be:	›
Your loan will be repaid over:	›
Your total repayment will be:	€
The total interest will be:	€

METHOD B

How long to pay off this loan?	›	6 months 1 year 2 years 3 years 4 years 5 years
Repayment Information:
Each repayment will be (including interest):	€
Your loan will be repaid over:	›
Your total repayment will be:	€
The total interest will be:	€

Whilst every care has been made in the production of this document, the Credit Union, or its staff, cannot be held responsible for any omissions, errors or other mistakes made herein. This document is for quotation purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing.

Differences between Method A and Method B are due to rounding of fractional amounts.