Flex calculator

[misterm]

Maybe it would be good to have a calculator in flex, so someone could decide about affordability of payment schedule before committing.

Eg say I want to buy something for £500 and see what payment would look like over 6 or 12 months

I know £500 / 6 is £83.33 but not sure what interest would be. Having a single screen where I can see at an instant what the plans would cost would be handy

[Ordog]

It has already been suggested below, so be sure to add your vote there.

Monzo Flex Calculator

What do you guys think of a calculator that lets you work out how much it would cost to flex a purchase before you buy it? For instance, if a hotel costs £245 if i pay now and £278 if i pay when i get there. I would love to open up the monzo app and find out it would cost £269.94 to flex it over 12 months (£22.5 per month) and 258.23 if i pay over 6 months (£43.04 per month). This would make me much more likly to use flex and save my self money in the long run.

You can also read Monzos comment and see a community built calculator you can use in the meantime.

[j06 (Jamie)]

Doesn’t Flex show the interest which will be payable on the various plans when you’re selecting a transaction to flex?

[misterm]

I think it does, but would be good to be able to decide before you’ve filled out card details and hit order