Credit Union Loan Calculator: Easy Budget Planning

Planning your finances doesn't have to be complicated. With our credit union loan calculator, you can easily estimate repayments, compare options, and take control of your budget. It’s a simple, stress-free way to make informed financial decisions that work for you.

Man using a laptop, exploring the convenient and accessible Serve and Protect loan options.

This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary. On an assumed loan amount of £5,000.00 over 36 months. Representative 9.3% APR. Total amount payable £5,749.20 of which £749.20 is interest. 36 monthly repayments of £159.70. Rates from 8% APR to a maximum of 13.5% APR. Loan terms from 12 to 96 months. 

Loans subject to standard credit checks and proof of identity. Loans are offered subject to status and conditions to members aged 18 or over. Written quotations for loans available on request. Loans can only be considered for members who have a savings account with Serve and Protect Credit Union. Under the Distance Marketing Directive, you have the right to cancel your loan within 14 days of completion, by repaying all funds borrowed plus any interest that has accrued.

Person using a calculator and jotting down a budget, focusing on financial planning with the credit union loan calculator.
Person using a calculator and jotting down a budget, focusing on financial planning with the credit union loan calculator.
Person using a calculator and jotting down a budget, focusing on financial planning with the credit union loan calculator.

How does our credit union loan calculator work?

Using the loan calculator is straightforward and hassle-free. Here’s how you can get started in just a few steps:

  • Enter the amount you’d like to borrow and preferred loan term
  • The calculator will generate an estimate of your monthly repayments
  • Adjust the numbers to see what works best for your financial situation

That’s all it takes! No complicated processes or financial expertise required.

Why use our
Credit Union Loan Calculator?

Quick and Convenient

Get an accurate repayment estimate in moments.

Plan with Confidence

Know exactly how much you’ll need every month, so you can budget better.

Explore Your Options

Compare different loan terms to find what’s best for your needs.

Stress-Free

Forget about tricky calculations; the tool does the work for you.

Toy car placed on a loan calculator, symbolising planning for a car loan with the credit union loan calculator.
Toy car placed on a loan calculator, symbolizing planning for a car loan with the credit union loan calculator.
Toy car placed on a loan calculator, symbolizing planning for a car loan with the credit union loan calculator.