If you're looking for a personal loan from Santander then you can use their easy Santander Loan Calculator to figure out the exact cost of monthly repayments, interest on your loan and how long you can feasibly afford a certain loan amount.
Like most loans calculators, Santander's Loan Calculator does not specifically calculate costs for any one product or individual circumstances; the APR for the actual loan you receive could be different from the value presented on the loans calculator, or you may not receive the loan at all if you fail to pass Santander's credit check. However, loans calculators are a quick way to get an overview of how much you can spend when your monthly income and monthly outgoings are calculated.
Personal Loans Calculator - A Santander Personal Loan Calculator is a simple online calculator to help you decide how much disposable income you have left each month, once your monthly outgoings have been deducted from your income. You can adjust the repayment period of the loan and the loan amount you would ideally like. However, even if the loans calculator concludes you can easily afford monthly repayments, your loan application will be subjected to a credit scoring system to check your eligibility for a loan. You can view Santander's Personal Loans Calculator here: http://www.santander-products.co.uk/loans/personal-loans/calculator/upl/ .
Small Business Loans Calculator - Santander also offers a Business Loans Calculator, catering to small businesses or start up businesses. It works on the same premise of the Santander Loan Calculator but offers more flexible repayment terms and longer repayment periods. The Business Loans Calculator calculates loans of up to £25,000 and a minimum of £1000. You can access this loans calculator from: http://www.santander-products.co.uk/loans/business/calculator/index.html .
If you wish to view other loan products and personal finance options from Santander, including current APR rates and secure loans, visit http://www.santander.co.uk .
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