Loan and Credit Calculators
Compare car loans, personal loans and credit card payoff plans to see the real cost of borrowing.
- Car Loan Calculator
Calculates car loan repayments, with or without a balloon payment.
- Personal Loan Calculator
Calculates personal loan repayments including upfront and monthly fees.
- Credit Card Payoff Calculator
Shows how long it takes to clear a credit card at a fixed monthly payment.
- Debt Consolidation Calculator
Compares your current debts with a single consolidation loan.
- Loan Comparison Calculator
Compares the total cost of two loans with different rates and fees.
- Loan Payoff Time Calculator
Works out how long it takes to repay a loan at a chosen monthly payment.
- Credit Card Minimum Repayment Calculator
Shows how long a credit card takes to clear if you only pay the minimum.
- Simple Interest Loan Calculator
Calculates interest on a flat-rate or simple interest loan.
- Balloon Payment Calculator
Compares repayments with and without a balloon payment.
- Debt-to-Income Ratio Calculator
Calculates your debt-to-income ratio, a key test for home loan approval.
About these calculators
Personal credit in Australia covers car loans, personal loans, credit cards and buy now pay later. Lenders must quote a comparison rate alongside the headline rate, which bundles most fees into a single figure for a standard loan size.
Questions
- What is a comparison rate?
- It combines the interest rate and most fees into one annual rate, usually based on a $30,000 loan over five years, to make loans easier to compare.
- Do the results include fees?
- Only where a fee input is shown. Add any known fees for a more realistic total.
- Where can I get help with debt?
- The National Debt Helpline (1800 007 007) offers free, confidential financial counselling.
Guides
- How the Car Loan Calculator Works (With a Worked Example)
Calculates car loan repayments, with or without a balloon payment. Includes the formula, a worked example with Australian figures and tips.
- Getting the Most From a Car Loan Calculator: Tips and Common Errors
Common mistakes when working out car loan in Australia, and how to get a result you can rely on.
- Personal Loan Calculator: Formula, Example and What the Result Means
Calculates personal loan repayments including upfront and monthly fees. Includes the formula, a worked example with Australian figures and tips.
- Personal Loan: What to Check Before You Trust the Number
Common mistakes when working out personal loan in Australia, and how to get a result you can rely on.
- Using a Credit Card Payoff Calculator in Australia: A Step-by-Step Guide
Shows how long it takes to clear a credit card at a fixed monthly payment. Includes the formula, a worked example with Australian figures and tips.
- Common Credit Card Payoff Mistakes (and a Better Way)
Common mistakes when working out credit card payoff in Australia, and how to get a result you can rely on.
- Debt Consolidation Calculator Explained for Australians
Compares your current debts with a single consolidation loan. Includes the formula, a worked example with Australian figures and tips.
- Debt Consolidation Mistakes Australians Make and How to Avoid Them
Common mistakes when working out debt consolidation in Australia, and how to get a result you can rely on.
- How the Loan Comparison Calculator Works (With a Worked Example)
Compares the total cost of two loans with different rates and fees. Includes the formula, a worked example with Australian figures and tips.
- Getting the Most From a Loan Comparison Calculator: Tips and Common Errors
Common mistakes when working out loan comparison in Australia, and how to get a result you can rely on.
- Loan Payoff Time Calculator: Formula, Example and What the Result Means
Works out how long it takes to repay a loan at a chosen monthly payment. Includes the formula, a worked example with Australian figures and tips.
- Loan Payoff Time: What to Check Before You Trust the Number
Common mistakes when working out loan payoff time in Australia, and how to get a result you can rely on.
- Using a Credit Card Minimum Repayment Calculator in Australia: A Step-by-Step Guide
Shows how long a credit card takes to clear if you only pay the minimum. Includes the formula, a worked example with Australian figures and tips.
- Common Credit Card Minimum Repayment Mistakes (and a Better Way)
Common mistakes when working out credit card minimum repayment in Australia, and how to get a result you can rely on.
- Simple Interest Loan Calculator Explained for Australians
Calculates interest on a flat-rate or simple interest loan. Includes the formula, a worked example with Australian figures and tips.
- Simple Interest Loan Mistakes Australians Make and How to Avoid Them
Common mistakes when working out simple interest loan in Australia, and how to get a result you can rely on.
- How the Balloon Payment Calculator Works (With a Worked Example)
Compares repayments with and without a balloon payment. Includes the formula, a worked example with Australian figures and tips.
- Getting the Most From a Balloon Payment Calculator: Tips and Common Errors
Common mistakes when working out balloon payment in Australia, and how to get a result you can rely on.
- Debt-to-Income Ratio Calculator: Formula, Example and What the Result Means
Calculates your debt-to-income ratio, a key test for home loan approval. Includes the formula, a worked example with Australian figures and tips.
- Debt-to-Income Ratio: What to Check Before You Trust the Number
Common mistakes when working out Debt-to-Income ratio in Australia, and how to get a result you can rely on.