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Loan calculator

This calculator gives a guide to the cost of a loan with the Watford Credit Union.

For a loan of £1,000 and making repayments monthly

you would pay

Selected loan amount: £1,000

£100 £5,000 £10,000
Selected loan period: 12 months
6 months 12 months 24 months 36 months

Making repayments     Weekly      Monthly


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Normally you must have saved at least £334 to apply for a loan of this amount.

Actual repayment amounts may vary slightly, depending on the exact date of the loan and the repayment schedule agreed at the start of the loan.

Remember you must normally have been saving regularly with the Credit Union for at least 13 weeks and you can apply to borrow up to 3 times the value of your savings (max. loan £10,000).

For more information, or to discuss your own circumstances contact us on 01923 236401 to arrange a meeting or email: info@WatfordCreditUnion.co.uk