Calculate monthly repayments, total interest payable and total cost for any loan.
Enter the amount borrowed, annual interest rate and loan term, choose the term unit, then calculate the repayment and total interest breakdown.
Real loans may include fees, variable rates, redraw rules and repayment timing that change the final cost.
Monthly repayment uses the standard amortisation formula: P × r(1+r)^n / ((1+r)^n - 1), where P is principal, r is monthly rate, and n is total months.
This calculator shows principal and interest only. Check with your lender for any additional fees or charges.
Total interest is the total amount paid above the principal over the life of the loan.