Personal Loan Calculator
Estimate the repayments, total interest and total cost on a personal loan before you apply — and see how the interest rate drives the real cost.
Estimates only, based on your inputs and a constant rate. The rate you're offered depends on your credit profile.
A personal loan repayment is calculated from the loan amount, interest rate and term using a standard amortisation formula. In Australia, personal loan rates vary widely — often from single digits to over 20% — and the rate you're offered depends heavily on your credit file, so the same loan can cost very different amounts.
A default or error on your credit file can cost you a much higher interest rate than the one above. We're an ASIC-licensed, solicitor-led team — get a free, no-obligation assessment. No Win No Fee.
Why Your Credit File Decides Your Rate
Personal loan rates vary enormously — from single digits to over 20% — and the biggest factor is your credit file. A default or a cluster of recent enquiries can push you into a much higher rate, or a decline. If the repayment looks steep, it's worth checking your file first.
Add this calculator to your site — free
Brokers and partner sites can embed this calculator for free and keep your own branding around it. Just copy the code below. It includes a small credit link back to Australian Credit Solutions — that's the only condition of use.
Personal Loan Calculator Questions
How is a personal loan repayment calculated?
What interest rate will I get on a personal loan?
Can I reduce my personal loan rate?
Important — this is an estimate, not advice. This calculator is a model based on the figures you enter and an assumed constant interest rate; it does not include fees, charges, rate changes or your full personal circumstances. Results are not guaranteed and do not constitute financial, credit or tax advice. Consider your own objectives, financial situation and needs, and seek advice from a licensed professional before making a decision. Australian Credit Solutions Pty Ltd holds Australian Credit Licence ACL 532003 and provides credit file correction services. Last updated: 14 June 2026.