Loan repayment calculator
Work out your repayments on a car, equipment, business or personal loan in seconds, including balloon payments. No credit check, no sign-up, no obligation.
This calculator provides an estimate only and is not an offer of credit or pre-qualification. Actual rates, fees and repayments depend on your circumstances, the lender and the asset being financed, and are subject to lender approval and comparison rate disclosures under the National Consumer Credit Protection Act. Speak to us for a personalised, obligation-free quote.
Frequently asked questions
How accurate is this calculator?
It gives a close estimate based on the amount, term, rate and repayment frequency you enter. Your actual rate and repayments depend on the lender, the asset and your circumstances, and are always subject to lender approval.
What is a balloon (residual) payment?
A balloon payment is a lump sum you agree to pay at the end of the loan term instead of paying the full asset value off through regular repayments. It lowers your periodic repayments but means a larger final payment. It is common in car and equipment finance.
Does using the calculator affect my credit score?
No. This calculator is anonymous and does not perform a credit check.
Can I get a more accurate quote?
Yes. Submit a quote request and a PMG broker will talk through your figures and the options available.
Ready to find the right finance?
Tell us what you need and a PMG broker will take it from there.
