What you provide
What you provide
- Loan amount: Amount borrowed before fees.
- Annual interest rate: Annual reducing-balance interest rate.
- Loan term: Repayment period in years. Enter a whole-number value for this planning input.
SMART CALCULATOR / PLAN WITH CONFIDENCE
Loan Payment Calculator
See the monthly payment, total interest, and total repayment for a fixed-rate loan.
- 01 Calculated in this tab
- 02 Values stay in this browser tab
- 03 Use boundary
Use boundary
Calculation path
The calculator applies the standard fixed-rate amortisation formula and shows the cost across the complete term.
Calculation path
Payment = principal x monthly rate x (1 + monthly rate)^months / ((1 + monthly rate)^months - 1).
What you receive
What you receive
- Monthly payment
- Total interest
- Total repayment
Use boundary
Choose the maximum decimal places shown. This does not increase source accuracy.
Variable rates, fees, insurance, late charges, and lender rounding are not included.
Results are estimates for planning. Confirm rates, rules, and source documents before making a financial, health, or purchase decision.
Reviewed reference factors