Loan calculator
We couldn’t find a comprehensive loan repayment calculator on the internet, so we built one that does it all!
Whether you’re planning for a new loan or reviewing your existing loan structure, our calculator is designed with the flexibility to meet your unique needs. Jump to calculator.
New Loans
Thinking about taking on a new loan? Our calculator helps you understand what your repayments will look like. Simply enter the loan amount, interest rate, and term to calculate your minimum repayments on a weekly, fortnightly, monthly, or annual basis.
Existing Loans
Already managing a loan? Discover how long it will take to pay off your balance. By entering your outstanding balance, interest rate, and current repayment amounts, you can track your progress and adjust your strategy as needed.
Extra repayments
Explore the power of extra repayments with ease. Calculate how much time and interest you can save by making regular additional payments or a one-time lump sum. Our tool highlights the potential savings, empowering you to pay off your loan faster.
Offset accounts
Offset accounts are a game-changer for many Australians. Our calculator allows you to factor in an offset account to show how keeping cash in your account can reduce your interest costs and loan term. See the significant time and interest savings firsthand.
Input your details
Loan balance over time
Your balance is the shaded area; what you pay each year sits on the right-hand scale.
Year by year
Each row covers twelve months from the loan start date. A row marked * is a shorter final period.
| Year ending | Opening balance | Interest | Principal | Repaid | Closing balance |
|---|
Brad Buters
Managing Director | Financial Adviser
Helping Australians achieve financial independence.
Debt
Investing
Investing
Tax
Debt
Subscribe to Our Newsletter
Wealth creation strategies delivered direct to your inbox.
Debt Snowball Calculator
Calculate how long it will take to repay your debts and the interest saved using a debt snowball.
Savings Calculator
Calculate your savings trajectory based on your starting balance, regular contributions and interest rate.
Financial Independence Calculator
Calculate the asset base required to achieve your financial independence target.
STRATEGY LIBRARY
Favourite Superannuation Hacks: Unlocking the Potential of Your Retirement Savings
Tax Planning Salary packaging opportunities for not-for-profit employees
Property 