Personal Loan Calculator
How much will my personal loan repayments be?
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Personal loan calculator
Use our custom Personal Loan Calculator to calculate your monthly personal loan repayments for a personal loan in Australia. You can customise your personal loan calculation by inputting the loan amount, interest rate and loan term (length) in years.
$
([loan-amount]*([interest-rate]/100)/12/(1-Math.pow(1+([interest-rate]/100)/12,-([loan-term]*12))))
$
/month
Disclaimer: Please be aware that any calculations produced by this calculator are meant for guidance purposes only. They are purely illustrative and depend on the details you input. The estimated repayments do not account for additional lender fees and charges.
How the personal loan calculator works
To get started, you’ll need to input some details about the loan:
01
Loan Amount
Loan amount is the amount of money you borrow with interest calculated yearly off this amount.
02
Interest Rate
Lenders consider your credit history, amount to be borrowed, and loan term to determine your interest rate.
03
Loan Term
Loan term affects repayment length. Shorter terms mean higher repayments but less interest paid overall.
01
Loan Amount
Loan amount is the amount of money you borrow with interest calculated yearly off this amount.
02
Loan Term
Loan term affects repayment length. Shorter terms mean higher repayments but less interest paid overall.
03
Interest Rate
Lenders consider your credit history, amount to be borrowed, and loan term to determine your interest rate.