Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk

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Brought to you from Simple Finance - where money matters

The Simple Finance Loan Calculator can give you the deposit you need

Where money matters, simple finance is making sure that you get all of the latest up-to date information with the worlds money needs. In this article, we're taking a look at how to raise a deposit. Certainly, is not an easy hurdle? But with simple finance and our loan calculator, we are making it very easy to get the deposit you need.

To make it easier to get the deposit, you should start saving money early. It is never too late to start saving, every little bit of money counts. Building the deposit is just one of many ways to help reach your financial goals. The loan calculator which we offer can give you the money you need, when you need it. Our loan calculator is user friendly and can give you up to 15,000 pounds if you opt for a home owner loan.

Where to save? This can be a tricky one, where should you start putting your cash that you earn to be put away for a deposit. Well, there are a few options, so it is a good idea to pick the one that suits you the best. If you have used the loan calculator then the money that you received for a short term loan could be put into an easy access account, not tied to many limitations this account is ideal for the loan calculator to work with and is a great idea for those short term loans. However, if you are looking for medium to long term savings then you should consider the following.

Getting a loan with the loan calculator is a great way to get the cash you need! However, if you are now trying to save for a medium to long term it could be a good idea to consider saving accounts such as Cash ISAs, Fixed rate bonds and even Current accounts are all great ways of saving a little bit more cash over slightly longer periods of time for that deposit you need.

Deposits aren't always nice, however, given the time, the loan calculator is available to get you the cash you need and is very flexible. Consider it today and you could start saving pretty quickly.

Get your voice heard with "hot from the Loan calculator" our new feature where you get the last word. Contact us at loancalculator@simple-financeuk.com

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Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk