Tesco Personal Loan Calculator

Free Tesco Bank personal loan calculator UK to calculate monthly payments, loan eligibility, repayment schedules, overpayment savings, and loan terms. Plan your Tesco personal loan with instant results for 2025.

Loan Details

Summary

Monthly Payment
£200.38
Total Interest
£2,022.77
Total Payment
£12,022.77
Loan Term
60 months

Payment Schedule

MonthPayment DateBeginning BalancePrincipalInterestExtra PaymentTotal PaymentEnding Balance
11 November 2025£10,000.00£137.88£62.50£0.00£200.38£9,862.12
21 December 2025£9,862.12£138.74£61.64£0.00£200.38£9,723.38
31 January 2026£9,723.38£139.61£60.77£0.00£200.38£9,583.77
41 February 2026£9,583.77£140.48£59.90£0.00£200.38£9,443.29
51 March 2026£9,443.29£141.36£59.02£0.00£200.38£9,301.93
61 April 2026£9,301.93£142.24£58.14£0.00£200.38£9,159.69
71 May 2026£9,159.69£143.13£57.25£0.00£200.38£9,016.56
81 June 2026£9,016.56£144.03£56.35£0.00£200.38£8,872.53
91 July 2026£8,872.53£144.93£55.45£0.00£200.38£8,727.61
101 August 2026£8,727.61£145.83£54.55£0.00£200.38£8,581.77
111 September 2026£8,581.77£146.74£53.64£0.00£200.38£8,435.03
121 October 2026£8,435.03£147.66£52.72£0.00£200.38£8,287.37
131 November 2026£8,287.37£148.58£51.80£0.00£200.38£8,138.79
141 December 2026£8,138.79£149.51£50.87£0.00£200.38£7,989.27
151 January 2027£7,989.27£150.45£49.93£0.00£200.38£7,838.83
161 February 2027£7,838.83£151.39£48.99£0.00£200.38£7,687.44
171 March 2027£7,687.44£152.33£48.05£0.00£200.38£7,535.11
181 April 2027£7,535.11£153.29£47.09£0.00£200.38£7,381.82
191 May 2027£7,381.82£154.24£46.14£0.00£200.38£7,227.58
201 June 2027£7,227.58£155.21£45.17£0.00£200.38£7,072.37
211 July 2027£7,072.37£156.18£44.20£0.00£200.38£6,916.19
221 August 2027£6,916.19£157.15£43.23£0.00£200.38£6,759.04
231 September 2027£6,759.04£158.14£42.24£0.00£200.38£6,600.91
241 October 2027£6,600.91£159.12£41.26£0.00£200.38£6,441.78
251 November 2027£6,441.78£160.12£40.26£0.00£200.38£6,281.66
261 December 2027£6,281.66£161.12£39.26£0.00£200.38£6,120.54
271 January 2028£6,120.54£162.13£38.25£0.00£200.38£5,958.42
281 February 2028£5,958.42£163.14£37.24£0.00£200.38£5,795.28
291 March 2028£5,795.28£164.16£36.22£0.00£200.38£5,631.12
301 April 2028£5,631.12£165.18£35.19£0.00£200.38£5,465.94
311 May 2028£5,465.94£166.22£34.16£0.00£200.38£5,299.72
321 June 2028£5,299.72£167.26£33.12£0.00£200.38£5,132.46
331 July 2028£5,132.46£168.30£32.08£0.00£200.38£4,964.16
341 August 2028£4,964.16£169.35£31.03£0.00£200.38£4,794.81
351 September 2028£4,794.81£170.41£29.97£0.00£200.38£4,624.39
361 October 2028£4,624.39£171.48£28.90£0.00£200.38£4,452.92
371 November 2028£4,452.92£172.55£27.83£0.00£200.38£4,280.37
381 December 2028£4,280.37£173.63£26.75£0.00£200.38£4,106.74
391 January 2029£4,106.74£174.71£25.67£0.00£200.38£3,932.03
401 February 2029£3,932.03£175.80£24.58£0.00£200.38£3,756.23
411 March 2029£3,756.23£176.90£23.48£0.00£200.38£3,579.32
421 April 2029£3,579.32£178.01£22.37£0.00£200.38£3,401.31
431 May 2029£3,401.31£179.12£21.26£0.00£200.38£3,222.19
441 June 2029£3,222.19£180.24£20.14£0.00£200.38£3,041.95
451 July 2029£3,041.95£181.37£19.01£0.00£200.38£2,860.58
461 August 2029£2,860.58£182.50£17.88£0.00£200.38£2,678.08
471 September 2029£2,678.08£183.64£16.74£0.00£200.38£2,494.44
481 October 2029£2,494.44£184.79£15.59£0.00£200.38£2,309.65
491 November 2029£2,309.65£185.94£14.44£0.00£200.38£2,123.71
501 December 2029£2,123.71£187.11£13.27£0.00£200.38£1,936.60
511 January 2030£1,936.60£188.28£12.10£0.00£200.38£1,748.33
521 February 2030£1,748.33£189.45£10.93£0.00£200.38£1,558.87
531 March 2030£1,558.87£190.64£9.74£0.00£200.38£1,368.24
541 April 2030£1,368.24£191.83£8.55£0.00£200.38£1,176.41
551 May 2030£1,176.41£193.03£7.35£0.00£200.38£983.38
561 June 2030£983.38£194.23£6.15£0.00£200.38£789.15
571 July 2030£789.15£195.45£4.93£0.00£200.38£593.70
581 August 2030£593.70£196.67£3.71£0.00£200.38£397.03
591 September 2030£397.03£197.90£2.48£0.00£200.38£199.13
601 October 2030£199.13£199.13£1.24£0.00£200.38£0.00

About Tesco Personal Loan Calculator

The Tesco personal loan calculator is a comprehensive financial tool designed to help UK residents plan and manage their personal loans from Tesco Bank. Whether you're considering a new loan application, planning to make extra payments, or exploring repayment strategies, this calculator provides accurate calculations and detailed insights into your borrowing options.

Tesco Bank offers competitive personal loan rates for UK customers, with loan amounts ranging from £1,000 to £35,000 and flexible repayment terms from one to seven years. The calculator helps you explore various loan scenarios, including standard repayment schedules, overpayment strategies, eligibility assessments, and loan term calculations. It supports both individual and joint loan applications, making it suitable for couples or co-applicants seeking higher borrowing limits.

One of the key features of Tesco Bank personal loans is the ability to make overpayments without penalties. Our overpayment calculator helps you visualize how extra monthly payments or one-time lump sum payments can reduce your loan term and save significant interest costs. By adjusting the repayment parameters, you can see the impact on your total interest paid and the time saved on your loan term.

The repayment calculator allows you to determine how long it will take to repay your loan based on your monthly payment amount. This is particularly useful if you have a specific monthly budget in mind and want to understand the loan term implications. Simply enter your loan amount, interest rate, and desired monthly payment to see the repayment timeline.

The "How Long Does It Take" calculator provides another perspective, helping you understand the loan term required when you know both the loan amount and your monthly payment capacity. This feature is valuable for planning purposes, allowing you to see how different loan amounts affect the repayment period at your preferred monthly payment level.

The eligibility calculator component allows you to assess your borrowing capacity based on your annual income, monthly expenses, and existing debts. It calculates your debt-to-income ratio and provides guidance on whether your desired loan amount is affordable. For joint applications, you can input both applicants' incomes to see how combining incomes affects your eligibility and maximum borrowing capacity. The calculator considers your monthly expenses and existing debt obligations to provide a realistic assessment of affordability.

The interest rates section provides information about Tesco Bank's typical personal loan rates, which vary based on loan amount, term length, and individual credit profiles. Representative APR rates typically range from 3.9% to 29.9%, with better rates available for larger loan amounts and shorter terms. The rates are indicative and subject to individual credit assessment, but they provide a useful reference point for planning your loan application.

All calculations are based on standard amortization formulas and assume fixed interest rates throughout the loan term. The payment schedule shows month-by-month breakdowns of principal, interest, and remaining balance, giving you complete transparency into your loan structure. You can export the payment schedule to CSV format for further analysis or record-keeping, making it easy to track your loan progress over time.

This calculator is designed specifically for Tesco Bank personal loans in the UK and uses GBP currency formatting. It's suitable for planning personal loans for various purposes, including home improvements, debt consolidation, holidays, weddings, and other personal expenses. The tool is free to use and provides instant results, helping you make informed financial decisions without the need for complex spreadsheets or manual calculations.

Whether you're a first-time borrower or looking to optimize your existing loan, the Tesco personal loan calculator provides the insights you need to manage your debt effectively. Use it to compare different loan scenarios, plan your repayments, understand the financial implications of various borrowing and repayment strategies, and make confident decisions about your personal loan needs.