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Monthly Cost Calculator

Spread a total cost across a number of months.

Try an example:
This does not include interest unless you include it in the total cost.

Notes and next steps

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How it works

Spread a total cost across months after any upfront payment.

Formula used: Monthly cost = (total cost − upfront payment) ÷ months.

Worked example

£1200 over 12 months with no upfront payment is £100 per month.

Common mistakes
  • Forgetting upfront fees.
  • Ignoring interest or finance charges.
  • Using months when the agreement charges weekly.
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