Loan calculator

Many banks and traditional lenders provide a loan calculator. They can vary in purpose and in ease of use, but the aim is usually to show you a choice of lenders or a choice of loans from one lender.

It's much like going for dinner at a restaurant. You probably have a fair idea of what you want, but you scan the menu to see if there is anything that particularly appeals to your individual tastes.

Most lenders offer rigid products designed to suit them, rather than their customers, so a loan calculator is often a ruse to imply they offer more choice and freedom than is really the case. So not all loan calculators make for appetising reading and the credit crunch has meant even less choice for consumers when it comes to finding a loan that's right for them.

Wonga loan calculator offers complete flexibility

Wonga offers a uniquely flexible loan which you can tailor to suit you before applying online. Simply use our loan calculator above, or on the home page, to see how much a fast cash advance will cost. It will depend on exactly how much money you want to borrow and when you want to repay it, which is completely in your control. You never have to borrow a single pound more than you need or be paying interest for a day longer than you want to. Indeed, there is only one simple repayment with Wonga - we take the cash from your debit card on the date you tell us.

Flexible loan you won't find with other loan calculators

Everyone claims to be offering you something different these days, but our cash advance online is the real deal. The Wonga service is unique and you won't find this level of flexibility, speed or convenience anywhere else. Rather than offering you a menu of rigid products, a Wonga loan can be fine tuned to suit you and we'll always show you the total to repay before you apply.

Our service is also short term and isn't designed to keep you in debt for as long as possible, or trick you with hidden fees. You can apply online in minutes and we'll give you an instant decision. If you're approved, the cash is transferred directly to your bank account within 15 minutes. That's regardless of the time of day, or day of the week - we make payments 24/7/365.

So whatever the cash emergency, you can get the funds you need, when you need them and then get out of debt quickly. In fact we're so flexible that we offer free early repayment, so if you suddenly find you don't need the loan for as long as you thought you can settle it right away and save on the remaining interest. Just use our loan calculator yourself to see how flexible and simple it is.