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Loan Calculators

Calculate repayments for car loans, personal loans and credit cards. Compare loans side by side to find the best deal.

4 calculatorsFree · No signup · ATO data

About Loans Calculators

Personal loan interest rates in Australia range from approximately 6% for secured loans to 18%+ for unsecured products. Car loan rates typically fall between 5.5% and 10%, depending on whether the loan is secured against the vehicle. Dealer finance is often more expensive than bank pre-approval.

Credit card interest rates average 18-22% per annum. Paying only the minimum (2% of balance or $25) on a $5,000 debt can take over 40 years to clear and cost over $20,000 in interest. Increasing your monthly payment by even a small amount dramatically reduces both the time and cost.

When comparing loans, look beyond the headline interest rate. The comparison rate includes fees and charges, giving a more accurate cost picture. A balloon payment on a car loan reduces monthly repayments but leaves a large lump sum due at the end of the term.

Official sources: MoneySmart Personal Loans · MoneySmart Credit Cards

Built by Konstantin Iakovlev. Data sourced from official Australian government publications.