Payment Break Calculator

This calculator is for illustrative and guidance purposes only and is not an offer of a loan. The limits applied can vary so it’s important to talk to us as early as possible about your plans.

This is not an application for a payment break. These calculations are indicative and are for illustrative and guidance purposes only. The calculations assume the interest rate you have input will not change for the rest of your loan term.

‘Your current monthly repayments’ is the amount you would be contractually obliged to pay based on the amount, the term and interest rate you typed in to the calculator. The calculator outputs are based on full capital and interest payments it does not include any overpayments. For that reason the current monthly repayments figure may not match the actual amount that you repay each month.

The ‘Difference in the total amount to repay’ is a calculation of the additional interest you will pay over the remaining life of the loan based on the information you have put into the calculator.

Warning: The cost of your monthly repayments may increase.
Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.