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Random Jargon

Sovereign Debt Fixed Interest

IOUs issued by the governments. They pay a fixed rate of interest until repaying the money on an agreed date.

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Financial Calculators & Tools

Candid Calculator

Calculate how long it might take you to pay off your student loan (for courses started before 1 September 2012) if you're earning over £15,795 a year and make the minimum compulsory payments. Bear in mind this calculator assumes a fixed interest rate, in practice this will inevitably vary.

Student Loan Repayment Calculator
What's your loan balance? £
Annual Loan Interest Rate ? %
Your annual earnings ? £ a year
How much do you expect your earnings to rise each year? ? %

Assumes interest rate fixed throughout, it practice it will probably vary. Interest calculated monthly, compounding over the year to equal the annual figure.

Calculations are estimates provided for illustrative purposes only. Candid Money Limited accepts no liability whatsoever for their subsequent use.

Go to Calculators Homepage.