Personal Loan Calculator
Compare secured vs unsecured quotes side by side, and check whether paying out a loan early is worth the exit fee. Nothing you type here leaves your browser — your inputs are saved to this browser only, so they're still here next time you visit.
Quotes — enter each lender's offer
No financial jargon.
From the lender's quote or offer document
$30,000.00
How much you want to borrow.
Fill in the "comparison rate" - 30k with 5 years is the standard example for personal loans, it already includes all fees. But If you know your personalized rate and fee, fill in the personalized section below to get your real numbers.
How many years you'll take to pay it off.
How often you'll make a payment — every week, fortnight or month.
Personalized
Optional — only fill this in if you know this exact loan's own rate and fees. When you do, it overwrites the interest rate above and every number below is calculated just for your loan instead of the lender's standard example.
Leave this blank to use the interest rate above. Fill it in if your own offer quotes a different number.
A one-off charge some lenders add just to set the loan up.
A one-off charge for processing your application.
Any other single, once-off charge not already listed above.
An ongoing fee charged every month just for keeping the loan open.
No personalized rate entered, so this repayment schedule uses the interest rate above.
| # | Date | Payment | Interest | Principal | Balance |
|---|---|---|---|---|---|
| 1 | 19/08/2026 | $500.00 | $0.00 | $500.00 | $29,500.00 |
| 2 | 19/09/2026 | $500.00 | $0.00 | $500.00 | $29,000.00 |
| 3 | 19/10/2026 | $500.00 | $0.00 | $500.00 | $28,500.00 |
| 4 | 19/11/2026 | $500.00 | $0.00 | $500.00 | $28,000.00 |
| 5 | 19/12/2026 | $500.00 | $0.00 | $500.00 | $27,500.00 |
| 6 | 19/01/2027 | $500.00 | $0.00 | $500.00 | $27,000.00 |
| 7 | 19/02/2027 | $500.00 | $0.00 | $500.00 | $26,500.00 |
| 8 | 19/03/2027 | $500.00 | $0.00 | $500.00 | $26,000.00 |
| 9 | 19/04/2027 | $500.00 | $0.00 | $500.00 | $25,500.00 |
| 10 | 19/05/2027 | $500.00 | $0.00 | $500.00 | $25,000.00 |
| 11 | 19/06/2027 | $500.00 | $0.00 | $500.00 | $24,500.00 |
| 12 | 19/07/2027 | $500.00 | $0.00 | $500.00 | $24,000.00 |
| 13 | 19/08/2027 | $500.00 | $0.00 | $500.00 | $23,500.00 |
| 14 | 19/09/2027 | $500.00 | $0.00 | $500.00 | $23,000.00 |
| 15 | 19/10/2027 | $500.00 | $0.00 | $500.00 | $22,500.00 |
| 16 | 19/11/2027 | $500.00 | $0.00 | $500.00 | $22,000.00 |
| 17 | 19/12/2027 | $500.00 | $0.00 | $500.00 | $21,500.00 |
| 18 | 19/01/2028 | $500.00 | $0.00 | $500.00 | $21,000.00 |
| 19 | 19/02/2028 | $500.00 | $0.00 | $500.00 | $20,500.00 |
| 20 | 19/03/2028 | $500.00 | $0.00 | $500.00 | $20,000.00 |
| 21 | 19/04/2028 | $500.00 | $0.00 | $500.00 | $19,500.00 |
| 22 | 19/05/2028 | $500.00 | $0.00 | $500.00 | $19,000.00 |
| 23 | 19/06/2028 | $500.00 | $0.00 | $500.00 | $18,500.00 |
| 24 | 19/07/2028 | $500.00 | $0.00 | $500.00 | $18,000.00 |
| 25 | 19/08/2028 | $500.00 | $0.00 | $500.00 | $17,500.00 |
| 26 | 19/09/2028 | $500.00 | $0.00 | $500.00 | $17,000.00 |
| 27 | 19/10/2028 | $500.00 | $0.00 | $500.00 | $16,500.00 |
| 28 | 19/11/2028 | $500.00 | $0.00 | $500.00 | $16,000.00 |
| 29 | 19/12/2028 | $500.00 | $0.00 | $500.00 | $15,500.00 |
| 30 | 19/01/2029 | $500.00 | $0.00 | $500.00 | $15,000.00 |
| 31 | 19/02/2029 | $500.00 | $0.00 | $500.00 | $14,500.00 |
| 32 | 19/03/2029 | $500.00 | $0.00 | $500.00 | $14,000.00 |
| 33 | 19/04/2029 | $500.00 | $0.00 | $500.00 | $13,500.00 |
| 34 | 19/05/2029 | $500.00 | $0.00 | $500.00 | $13,000.00 |
| 35 | 19/06/2029 | $500.00 | $0.00 | $500.00 | $12,500.00 |
| 36 | 19/07/2029 | $500.00 | $0.00 | $500.00 | $12,000.00 |
| 37 | 19/08/2029 | $500.00 | $0.00 | $500.00 | $11,500.00 |
| 38 | 19/09/2029 | $500.00 | $0.00 | $500.00 | $11,000.00 |
| 39 | 19/10/2029 | $500.00 | $0.00 | $500.00 | $10,500.00 |
| 40 | 19/11/2029 | $500.00 | $0.00 | $500.00 | $10,000.00 |
| 41 | 19/12/2029 | $500.00 | $0.00 | $500.00 | $9,500.00 |
| 42 | 19/01/2030 | $500.00 | $0.00 | $500.00 | $9,000.00 |
| 43 | 19/02/2030 | $500.00 | $0.00 | $500.00 | $8,500.00 |
| 44 | 19/03/2030 | $500.00 | $0.00 | $500.00 | $8,000.00 |
| 45 | 19/04/2030 | $500.00 | $0.00 | $500.00 | $7,500.00 |
| 46 | 19/05/2030 | $500.00 | $0.00 | $500.00 | $7,000.00 |
| 47 | 19/06/2030 | $500.00 | $0.00 | $500.00 | $6,500.00 |
| 48 | 19/07/2030 | $500.00 | $0.00 | $500.00 | $6,000.00 |
| 49 | 19/08/2030 | $500.00 | $0.00 | $500.00 | $5,500.00 |
| 50 | 19/09/2030 | $500.00 | $0.00 | $500.00 | $5,000.00 |
| 51 | 19/10/2030 | $500.00 | $0.00 | $500.00 | $4,500.00 |
| 52 | 19/11/2030 | $500.00 | $0.00 | $500.00 | $4,000.00 |
| 53 | 19/12/2030 | $500.00 | $0.00 | $500.00 | $3,500.00 |
| 54 | 19/01/2031 | $500.00 | $0.00 | $500.00 | $3,000.00 |
| 55 | 19/02/2031 | $500.00 | $0.00 | $500.00 | $2,500.00 |
| 56 | 19/03/2031 | $500.00 | $0.00 | $500.00 | $2,000.00 |
| 57 | 19/04/2031 | $500.00 | $0.00 | $500.00 | $1,500.00 |
| 58 | 19/05/2031 | $500.00 | $0.00 | $500.00 | $1,000.00 |
| 59 | 19/06/2031 | $500.00 | $0.00 | $500.00 | $500.00 |
| 60 | 19/07/2031 | $500.00 | $0.00 | $500.00 | $0.00 |
From the lender's quote or offer document
$30,000.00
How much you want to borrow.
Fill in the "comparison rate" - 30k with 5 years is the standard example for personal loans, it already includes all fees. But If you know your personalized rate and fee, fill in the personalized section below to get your real numbers.
How many years you'll take to pay it off.
How often you'll make a payment — every week, fortnight or month.
Personalized
Optional — only fill this in if you know this exact loan's own rate and fees. When you do, it overwrites the interest rate above and every number below is calculated just for your loan instead of the lender's standard example.
Leave this blank to use the interest rate above. Fill it in if your own offer quotes a different number.
A one-off charge some lenders add just to set the loan up.
A one-off charge for processing your application.
Any other single, once-off charge not already listed above.
An ongoing fee charged every month just for keeping the loan open.
No personalized rate entered, so this repayment schedule uses the interest rate above.
| # | Date | Payment | Interest | Principal | Balance |
|---|---|---|---|---|---|
| 1 | 19/08/2026 | $500.00 | $0.00 | $500.00 | $29,500.00 |
| 2 | 19/09/2026 | $500.00 | $0.00 | $500.00 | $29,000.00 |
| 3 | 19/10/2026 | $500.00 | $0.00 | $500.00 | $28,500.00 |
| 4 | 19/11/2026 | $500.00 | $0.00 | $500.00 | $28,000.00 |
| 5 | 19/12/2026 | $500.00 | $0.00 | $500.00 | $27,500.00 |
| 6 | 19/01/2027 | $500.00 | $0.00 | $500.00 | $27,000.00 |
| 7 | 19/02/2027 | $500.00 | $0.00 | $500.00 | $26,500.00 |
| 8 | 19/03/2027 | $500.00 | $0.00 | $500.00 | $26,000.00 |
| 9 | 19/04/2027 | $500.00 | $0.00 | $500.00 | $25,500.00 |
| 10 | 19/05/2027 | $500.00 | $0.00 | $500.00 | $25,000.00 |
| 11 | 19/06/2027 | $500.00 | $0.00 | $500.00 | $24,500.00 |
| 12 | 19/07/2027 | $500.00 | $0.00 | $500.00 | $24,000.00 |
| 13 | 19/08/2027 | $500.00 | $0.00 | $500.00 | $23,500.00 |
| 14 | 19/09/2027 | $500.00 | $0.00 | $500.00 | $23,000.00 |
| 15 | 19/10/2027 | $500.00 | $0.00 | $500.00 | $22,500.00 |
| 16 | 19/11/2027 | $500.00 | $0.00 | $500.00 | $22,000.00 |
| 17 | 19/12/2027 | $500.00 | $0.00 | $500.00 | $21,500.00 |
| 18 | 19/01/2028 | $500.00 | $0.00 | $500.00 | $21,000.00 |
| 19 | 19/02/2028 | $500.00 | $0.00 | $500.00 | $20,500.00 |
| 20 | 19/03/2028 | $500.00 | $0.00 | $500.00 | $20,000.00 |
| 21 | 19/04/2028 | $500.00 | $0.00 | $500.00 | $19,500.00 |
| 22 | 19/05/2028 | $500.00 | $0.00 | $500.00 | $19,000.00 |
| 23 | 19/06/2028 | $500.00 | $0.00 | $500.00 | $18,500.00 |
| 24 | 19/07/2028 | $500.00 | $0.00 | $500.00 | $18,000.00 |
| 25 | 19/08/2028 | $500.00 | $0.00 | $500.00 | $17,500.00 |
| 26 | 19/09/2028 | $500.00 | $0.00 | $500.00 | $17,000.00 |
| 27 | 19/10/2028 | $500.00 | $0.00 | $500.00 | $16,500.00 |
| 28 | 19/11/2028 | $500.00 | $0.00 | $500.00 | $16,000.00 |
| 29 | 19/12/2028 | $500.00 | $0.00 | $500.00 | $15,500.00 |
| 30 | 19/01/2029 | $500.00 | $0.00 | $500.00 | $15,000.00 |
| 31 | 19/02/2029 | $500.00 | $0.00 | $500.00 | $14,500.00 |
| 32 | 19/03/2029 | $500.00 | $0.00 | $500.00 | $14,000.00 |
| 33 | 19/04/2029 | $500.00 | $0.00 | $500.00 | $13,500.00 |
| 34 | 19/05/2029 | $500.00 | $0.00 | $500.00 | $13,000.00 |
| 35 | 19/06/2029 | $500.00 | $0.00 | $500.00 | $12,500.00 |
| 36 | 19/07/2029 | $500.00 | $0.00 | $500.00 | $12,000.00 |
| 37 | 19/08/2029 | $500.00 | $0.00 | $500.00 | $11,500.00 |
| 38 | 19/09/2029 | $500.00 | $0.00 | $500.00 | $11,000.00 |
| 39 | 19/10/2029 | $500.00 | $0.00 | $500.00 | $10,500.00 |
| 40 | 19/11/2029 | $500.00 | $0.00 | $500.00 | $10,000.00 |
| 41 | 19/12/2029 | $500.00 | $0.00 | $500.00 | $9,500.00 |
| 42 | 19/01/2030 | $500.00 | $0.00 | $500.00 | $9,000.00 |
| 43 | 19/02/2030 | $500.00 | $0.00 | $500.00 | $8,500.00 |
| 44 | 19/03/2030 | $500.00 | $0.00 | $500.00 | $8,000.00 |
| 45 | 19/04/2030 | $500.00 | $0.00 | $500.00 | $7,500.00 |
| 46 | 19/05/2030 | $500.00 | $0.00 | $500.00 | $7,000.00 |
| 47 | 19/06/2030 | $500.00 | $0.00 | $500.00 | $6,500.00 |
| 48 | 19/07/2030 | $500.00 | $0.00 | $500.00 | $6,000.00 |
| 49 | 19/08/2030 | $500.00 | $0.00 | $500.00 | $5,500.00 |
| 50 | 19/09/2030 | $500.00 | $0.00 | $500.00 | $5,000.00 |
| 51 | 19/10/2030 | $500.00 | $0.00 | $500.00 | $4,500.00 |
| 52 | 19/11/2030 | $500.00 | $0.00 | $500.00 | $4,000.00 |
| 53 | 19/12/2030 | $500.00 | $0.00 | $500.00 | $3,500.00 |
| 54 | 19/01/2031 | $500.00 | $0.00 | $500.00 | $3,000.00 |
| 55 | 19/02/2031 | $500.00 | $0.00 | $500.00 | $2,500.00 |
| 56 | 19/03/2031 | $500.00 | $0.00 | $500.00 | $2,000.00 |
| 57 | 19/04/2031 | $500.00 | $0.00 | $500.00 | $1,500.00 |
| 58 | 19/05/2031 | $500.00 | $0.00 | $500.00 | $1,000.00 |
| 59 | 19/06/2031 | $500.00 | $0.00 | $500.00 | $500.00 |
| 60 | 19/07/2031 | $500.00 | $0.00 | $500.00 | $0.00 |
Both quotes are compared over their own loan term — if the terms differ, "total cost of loan" still reflects everything paid over each loan's full life, so a longer term isn't penalised just for accruing more (smaller) payments. Your true cost rate is what actually leaves your account on this exact loan every year, including every fee — it can differ from the interest rate above, because that figure is worked out on a standard example amount (personal loans: commonly $30,000 over 5 years), not your own numbers. Fill in the personalized section with your own loan's rate and fees to get your loan's real numbers instead. Estimates only, not financial advice.
From your current lender's statement
The one-off fee your lender charges for paying out the loan before the end of its term. Leave 0 if your loan has none.
Assumes you keep paying the minimum repayment if you don't pay out early
Estimates only, not financial advice. Assumes a constant interest rate for the rest of the term. Figures may differ from your lender's statement by cents due to their specific rounding and day-count conventions.