How does this APRC calculator work?

APRC stands for Annual Percentage Rate of Charge, which is a standard interest rate calculation made to reflect the total amount of interest that will be paid over the complete period of the loan or mortgage.

This APRC calculator helps you to calculate the APRC.

All you need to enter is the loan amount, interest rate, term and any other cost.

If you need financial advice and you live in the UK then you could contact the Money Advice service over the phone or via chat for impartial advice.

You can also contact the debt charity “Step Change” if you are in debt and need help.