Free tool
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.
Loan amount$35,000
Loan term5 years
Interest rate (p.a.)8.5%
Balloon / residual paymentNone
Repayment frequency
Estimated repayment
$718.08
monthly
- Number of payments
- 60
- Total interest
- $8,085
- Balloon payment
- None
- Total payable
- $43,085
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.
FAQ
Frequently asked questions
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 personal or business financial circumstances, and are always subject to lender approval.
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 across your regular repayments. It lowers your periodic repayments but means a larger final payment — common in car and equipment finance.
No. This calculator is completely anonymous and does not perform a credit check.
Yes — submit a free, obligation-free quote request and we'll match your figures against our live lender panel for a tailored rate indication.
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