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๐Ÿ‡ฆ๐Ÿ‡บ Australian Calculator

Loan Repayment
Calculator

Calculate your monthly repayments, total interest payable and full loan breakdown โ€” instantly.

๐Ÿ“‹ Your Loan Details
$
%
yrs
๐Ÿฆ

Enter your loan details on the left and your repayment breakdown will appear here instantly.

Monthly Repayment
$0
per month
Total Repayment
$0
Total Interest
$0
Weekly Payment
$0
Fortnightly
$0
๐Ÿ’ฐ Loan Breakdown
Principal $0
Interest $0
๐Ÿ’ก Money-Saving Tips
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About This Loan Calculator

This loan calculator works out your repayments, total interest and full repayment schedule for a home, car or personal loan, based on the amount, interest rate and term. It uses the standard amortisation method lenders use.

This is general information only and not financial advice. Real loans include fees and, for variable loans, rates that can change. Always compare the lender's comparison rate, which includes most fees.

Frequently Asked Questions

How are loan repayments worked out?+
Through amortisation: each repayment covers the interest for the period plus a portion of the principal, so the balance falls over time.
What is a comparison rate?+
A comparison rate combines the interest rate with most fees into a single figure, making it easier to compare loans fairly.
How can I reduce the interest I pay?+
Borrow less, choose a shorter term, make extra repayments where allowed, or refinance to a lower rate.

Related Tools

โ†’ Loan Repaymentโ†’ Mortgage Calculatorโ†’ Car Loan Calculator

RELATED GUIDE

How Loan Repayments Are Calculated: A Plain-English Guide

Understand how loan repayments work: principal, interest, term, the monthly payment formula, and why the early years pay mostly interest.

Read the full guide →