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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.

My Loan Details
Extra Repayments

Repayment settings have limited the savings options available. An Interest only repayment type usually does not allow any extra repayments to be made.

Amount

$
Enter the amount you would like to borrow.

Loan Term

Years
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 Frequency

Repayment Type

Extra Repayment Amount

$
Enter the extra amount you plan to make for every repayment

Repayment Frequency

Offset Account Amount

$
Enter the amount in the account you wish to use to offset your interest payments.

Lump Sum Amount

$
Enter the lump sum about you plan to make against the loan.

Lump Sum Year

Year
Enter the year you plan to make the lump sum payment.
  Interest saved  
  Time saved  

Regular Repayment

  / at    pa

Total Interest Payable

  over
Disclaimer

Calculator Disclaimer

The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan or product. Results are based on information you have provided and does not take into account your personal circumstances. Using this calculator does not guarantee you will be eligible for a loan. You will need to satisfy your lender’s lending criteria. This calculator is not intended to be your sole source of information when making a financial decision. It is advised that you consult a professional financial advisor before taking out a loan.

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.

Check Out Our Debt Calculators

Budgeting

Loan Repayment

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How Can We Assist You Today?

Business
Personal
Please select an assistance option to continue.

Types Of Unsecured Debts

Credit/Store Cards
Personal Loan
Pay Day Loan
Tax Debt
Utility Bill
Other
Please select at least one type of unsecured debt.

Your Business Structure

Sole Trader
Partnership
Pty Ltd Company
Trust
Please select at business structure to continue.

Unsecured Debt Amount

$10,000
$1,000
$100,000+

Business Debt Amount

$100,000
$10,000
$1,000,000+

Take Back Control Today!

First Name

Last Name

Email

Phone Number

Phone number must be 10-digits long and begin with a 0. (e.g. 04 1234 5678)

Post Code

Post code must be 4-digits long (e.g. 4567)

Some of your details appear incorrect.
Please update the highlighted fields and re-submit.

Congratulations

You've taken the first step!

Let's keep the momentum going, take the second step now and review the viability of your business.

Congratulations

You've taken the first step to becoming debt free

Let's keep the momentum going, take the second step now and complete the assessment form.

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