How this calculator works
The Loan Repayment Calculator estimates your regular loan repayments based on the loan amount, interest rate, loan term and repayment frequency you enter. Simply enter your loan details, and the calculator uses a standard loan amortisation formula to calculate your estimated weekly, fortnightly or monthly repayments. It also estimates the total interest payable, the total amount repaid over the life of the loan and the overall cost of borrowing. This calculator is designed to help you compare different loan scenarios, understand how interest affects repayments and make more informed borrowing decisions before applying for a loan. Results are estimates only and may vary depending on your lender’s interest calculation method, fees and loan terms.