Morecambe Bay Credit Union

LOAN CALCULATOR


Select your Loan Type by clicking at the top of the Calculator.

Use the sliders to indicate the amount you want to borrow and the term in months.

Your repayment amounts will show at the bottom of the Calculator - for weekly, fortnightly and monthly repayments. The total amount repayable is also shown.

Loan Types:


Handy Loan Monthly Rate 2.5% - Equivalent APR 34.5%
Rainy Day Loan Monthly Rate 0.3333% - Equivalent APR 4.1%
Normal Loan Monthly Rate 2% - Equivalent APR 26.8%

NB. The values shown in this Calculator are for guidelines, only.
Contact Morecambe Bay Credit Union to discuss your personal loan situation.

How much?
would you like to borrow

How long for?

pay weekly*

total payable

pay fortnightly*

total payable

pay monthly*

total payable