Software finance calculator

Our free software finance calculator can help you estimate your monthly repayments when financing software for your business.

£
- months

*This interest rate is for illustrative purposes, your interest rate may differ and will be confirmed during your application.

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Finance amount

£-

Estimated interest

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Total repayable

£-

Monthly payments

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Borrow £

How to calculate software finance payments

To work out your monthly asset finance payments, you’ll need the following details:

  1. Software Cost (Principal Amount): This is the total price of the software you are financing.
  2. Interest Rate (Annual Percentage Rate – APR): This is the cost of borrowing money, expressed as a percentage per year. It can be fixed or variable.
  3. Loan Term (Number of Payments/Periods): This is the duration over which you will repay the loan, usually expressed in months or years.
  4. Payment Frequency: How often payments will be made (e.g., monthly, quarterly, annually).
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Disclaimer: Swoop Finance helps UK firms access business finance, working directly with businesses and their trusted advisors. We are a credit broker and do not provide loans or other finance products ourselves. We can introduce you to a panel of lenders, equity funds and grant agencies. Whichever lender you choose we may receive commission from them (either a fixed fee of fixed % of the amount you receive) and different lenders pay different rates. For certain lenders, we do have influence over the interest rate, and this can impact the amount you pay under the agreement. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. Swoop Finance can introduce applicants to a number of providers based on the applicants’ circumstances and creditworthiness. Swoop Finance Limited is registered with the Financial Conduct Authority as an Account Information Services Provider (reference number 833145). Swoop Finance Limited is authorised as a credit broker under FCA registration number 936513. If you feel you have a complaint, please read our complaints section highlighted above and also contained within our terms and conditions. Swoop Finance Ltd is registered with Companies House (company number 11163382, registered address The Stable Yard, Vicarage Road, Stony Stratford, Milton Keynes MK11 1BN). VAT number: 300080279

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