Loan Repayment Calculator
Calculate your monthly loan payment, total repayment, and total interest in seconds. Enter the loan amount, annual interest rate, and term to run a simulation. Works for mortgages, car loans, personal loans, and more.
Enter the loan amount, annual rate, and term to calculate your monthly payment.
* Calculated using a fixed equal-instalment (amortising) method. Actual repayments may differ depending on your lender and repayment plan.
How to Use
Enter the loan amount
Type the total amount you plan to borrow. For example, $300,000 for a mortgage.
Enter the annual interest rate
Enter the annual interest rate (%) quoted by your lender. Use the current fixed or variable rate that applies to your loan.
Set the loan term
Enter the repayment period in years and months. For example, a 30-year mortgage would be 30 years, 0 months.
Review your results
Your monthly payment, total repayment, and total interest are displayed instantly. A bar chart shows the ratio of principal to interest.