SSAS Loanback Calculator
Calculate your SSAS loanback under HMRC rules. The maximum loan is 50% of fund value, repayable within 5 years at a minimum of base rate plus 1%.
Loan Details
HMRC Compliant
Max loan: £250,000 | Max term: 5 years
Permitted Loan
£200,000
Monthly Repayment
£3,867
Total Repayment
£231,994
Total Interest
£31,994
Repayment Schedule
| Year | Opening | Repayment | Closing |
|---|---|---|---|
| 1 | £200,000 | £46,399 | £164,639 |
| 2 | £164,639 | £46,399 | £127,098 |
| 3 | £127,098 | £46,399 | £87,241 |
| 4 | £87,241 | £46,399 | £44,925 |
| 5 | £44,925 | £46,399 | £0 |
Important:SSAS loanback rules are set by HMRC. The maximum loan is 50% of the scheme's net assets. The loan must be repaid within 5 years with equal instalments of capital and interest. Security of at least the value of the loan plus 10% is required. This calculator is for illustrative purposes only.