How long, if this is what you can pay.
Works backwards from the instalment you can afford, and warns you when the loan would never amortise.
Instalments required
Position stated as at: August 2026. Basis: standard reducing-balance amortisation, monthly rests, interest computed on the opening balance of each month.
This tool is provided as general reference information and is not professional advice.
Rates, thresholds and procedures change; verify the position against the bare Act, the Rules
and current official notifications, or ask the firm, before acting on any figure shown.
Why this one carries a warning
If the instalment is less than the interest accruing in the first month, the balance grows rather than reduces and the loan never repays. Most calculators return a meaningless number in that situation. This one stops and says so, because it is the single most consequential thing a borrower can get wrong.
Speak to a partner about your requirement.
A short conversation is usually enough to map the right approach, timeline and team for your matter.