Early settlement savings calculator

How to use it

Enter your figures above — the result updates instantly and nothing leaves your browser. Early settlement savings calculator results are illustrative and not a quote or credit decision.

How to interpret the result

The output brings together two things: the settlement balance still outstanding today, and the interest saved by clearing that balance ahead of the original schedule. For a UK limited company, the settlement balance is the more decision-relevant figure — it tells finance teams what would actually need to be paid to close the facility, which matters when weighing an early repayment against alternative uses of cash such as a supplier discount, a tax payment, or redeploying working capital into stock or wages.

The interest-saved figure is best read as a ceiling rather than a promise. It shows the maximum benefit available under the calculator's assumptions, so it is most useful for comparing scenarios — for example, testing how much sooner repayment would need to happen to make a meaningful dent in the interest bill — rather than as a number to quote externally.

Limitations and good practice

This calculator assumes a fixed-rate annuity structure and, as the hint on the page notes, no early-settlement fee. Real agreements vary: some carry an early-repayment charge, some rebate interest differently, and some blend fixed and variable elements. Before treating any result as actionable, a director or finance manager should cross-check it against the actual loan agreement, particularly the clauses covering early settlement and any rebate method used.

Good practice is to rerun the calculator with a couple of different "payments already made" values to see how the settlement figure moves over time, rather than relying on a single snapshot. That gives a company a clearer sense of the trend — whether waiting a few more repayment cycles meaningfully changes the economics — before raising the question with the lender directly. As the FAQ on this page notes, the result is an illustration, not a quote, so the next practical step is usually to confirm the exact figures with Creditcorp or the relevant lender before acting on them.