Take Back Control With Our Personal Loan Calculator
Paying Off Your Personal Loan
Our personal loan calculator can help you understand what your monthly, fortnightly or weekly personal loan repayments could be. Simply enter the amount, loan term, interest rate, repayment frequency and type.
Enter the amount you would like to borrow.
How many years do you want to take to repay the loan?
You can increase or decrease the interest rate to understand the affect on your repayments and total interest.
Enter the extra amount you plan to make for every repayment
Enter the amount in the account you wish to use to offset your interest payments.
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 years
Time Saved0 years 0 months
Personal Loan Tips
Make More Payments
Making extra repayments on your personal loan will save you money in interest and decrease the overall term of the loan. Make fortnightly payments instead of monthly to pay off your debt faster.
Round Up the Payments
Rounding up your repayments is an effortless way to pay back your loan faster. If your loan repayment is $265 a month, you can round up your repayment to $300. That’s an extra $420 off your loan per year.
Set Up Automatic Payments
Setting up automatic payments for your personal loan will help you avoid late fees and ensure the loan is always paid on time. If you can, pay your personal loan repayments as soon as your pay check arrives.
Make Lump Sum Payments
If you receive a windfall such as a tax return, inheritance, lottery win or cash gift, putting this lump sum into your loan can guarantee you pay off your personal loan faster. You may even be able to pay it out in full.