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Privet is an education and information resource. We are not a lender, broker or adviser. If you'd like to explore funding, we can pass your enquiry to finance providers who may be able to assist. How Privet works

Tools

Repayment calculator

See the monthly repayment for a loan amount, rate and term, on principal and interest or interest only.

$
% p.a.
years

Estimate only. Not a quote, offer or advice.

Enter the loan amount, the rate from your offer and the term.

Assumptions
  • The rate stays the same for the whole term.
  • Repayments are monthly and fees are not included.
  • Privet does not supply interest rates: use the rate in an offer you have received.
How this is calculated
  1. Monthly rate = annual rate ÷ 12.
  2. Principal and interest repayment uses the standard amortisation formula: P × r ÷ (1 − (1 + r)^−n).
  3. Interest-only repayment = loan × annual rate ÷ 12.
Speak to a finance provider

Free. No obligation. Not an application for credit.

General information only. Privet is not a lender, credit provider or mortgage broker and does not provide financial, credit, legal or tax advice.

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Privet may receive a referral fee or commission from finance providers if an enquiry proceeds. This does not change the information shown on this site, and you are never obliged to proceed. How Privet is funded