Take Back Control With Our Business Loan Calculator
Paying Off Your Business Loan
Use our Business Loan Calculator to work out the total cost of your business loan including monthly, fortnightly or weekly repayments.
Loan Amount
Enter the amount you would like to borrow.
Repayments
Term
How many years do you want to take to repay the loan?
Interest Rate
You can increase or decrease the interest rate to understand the affect on your repayments and total interest.
Repayment Type
Extra Repayment
Enter the extra amount you plan to make for every repayment
Repayments
Offset Account
Enter the amount in the account you wish to use to offset your interest payments.
Lump Sum
Enter the lump sum about you plan to make against the loan.
Lump Sum Year
Enter the year you plan to make the lump sum payment.
Make Extra Payments
Regular Repayment
$0.00 per Month at 0% p.a.Total Interest
$0.00 over 0 yearsInterest Saved
$0.00Time Saved
0 years 0 monthsStruggling to pay back your debts? We may have the solution!
Business Loan Tips
Budget Wisely
To understand how and where you spend your finances, it’s important to have a budget for your business. Take some time to sit down and go over your business finances and budget to ensure you keep your business and loan repayments on track.
Watch Your Credit Score
Keep up with good credit practices. Maintaining a good credit score puts you in a good position to gain easier access to additional funding for your business down the track. You’ll also have a greater choice of lenders and loan types.
Pay Back More
Increase your business loan repayments when you can. Many businesses experience seasonal fluctuations in sales, which can give you a major boost in cash flow. You should boost your repayments during these times.
Refinance the Loan
If you have multiple business loans, you should consider refinancing or consolidating these loans into one, affordable loan. With a good credit history and a successful business, you may be able to negotiate with your lender for a better deal.
