Wessex Community Bank
Loan calculator
Which loan sounds like you? Start with the option closest to your circumstances, then explore what your repayments could look like.
- 01 Choose your loan
- 02 Amount & term
- 03 Your estimate
Your starting point
If you have Wessex savings that can be held as security, we may be able to consider a loan of up to 3 times your savings balance, up to a maximum of £15,000.
You’ll need to be working full time and have a good credit history. Your savings will be held as security while the loan is outstanding. Every application is assessed on its own merits, including affordability and your individual circumstances.
For a Secured Loan amount, term and repayment estimate, talk to our team.
2 Choose amount & term
Choose a loan above to get started.
3 Your estimate
Your estimate will appear here once you’ve chosen your loan and membership status.
Estimated monthly payment
a month
Includes your loan repayment and savings contribution.
- Loan repayment / month
- Savings contribution / month
- Equivalent weekly payment Includes savings
- Total amount payable Capital and interest only — excludes savings
- APR
You’re saving while you repay. This is your savings contribution, included in the payments above.
An illustration, not a loan offer. Your application will be assessed for affordability.
Figures are rounded for display. Totals use unrounded calculations, so displayed monthly amounts multiplied by the term may differ slightly from the totals shown. The weekly figure, where shown, is a monthly-payment equivalent, not a separate weekly repayment schedule.