Loan repayments calculator
Estimate weekly, fortnightly or monthly repayments on principal and interest or interest-only terms.
- Total interest
- $808,158
- Total repayments
- $1,408,158
This calculator is for illustrative purposes only and is based on the information you enter and simplified assumptions. It is not advice, a quote or a credit assessment and is not a guarantee of loan approval. Actual results depend on the lender's assessment.
Loan repayment questions
What is an interest-only loan?
You pay only the interest for a set period, usually one to five years, so repayments are lower. The balance does not reduce during that time and repayments rise when the loan switches to principal and interest.
How are fortnightly and weekly repayments worked out?
They are calculated on a fortnightly or weekly schedule over the same term. Some lenders instead charge half the monthly repayment each fortnight, which pays the loan off sooner.
Are the results a quote?
No. Results are estimates only and do not include fees, rate changes or a lender assessment.
Tell us what you need.
No documents needed to start. Call (02) 7822 0255 or 0481 877 727, or answer a few quick questions.