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Loan Repayment Calculator

Take a look at what the repayments will be on your loan or the impact of making extra loan repayments.

Loan amount
$
Loan term
years
Interest rate
%

Extra repayments

Repayment frequency
Extra repayment
$
Your approximate repayments would be
Total repayments
Total interest

Total interest saved
Years saved
The results from this calculator should be used as an indication only and do not represent a quote or a pre-qualification for a loan. The figures are based on a principal and interest loan over the selected term, using a fixed annual interest rate converted to a monthly rate, with interest calculated monthly and repayments made at the frequency you select. Extra repayments are applied at the same frequency and are assumed to reduce the loan term once the outstanding balance reaches zero. No fees, charges, offset or redraw features, or future rate changes are included in these estimates, and any savings shown compare the loan with and without extra repayments. All values are rounded for display. The specific details of your loan will be outlined in your loan contract, and you should contact us before proceeding so we can provide advice tailored to your personal circumstances.

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The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.
Sam Potter is a Credit Representative (570029) and Wealthbuilders Finance Pty Ltd (ACN: 686 102 394) is a Corporate Credit Representative (CCR 569944) of Broker ACL (ACN: 681 761 375 & Australian Credit Licence 563763).

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