Find out how much you should pay for a personal loan using our personal loan calculator. Enter your details below to calculate how much a personal loan will cost.

Monthly Repayment $318
Total amount to pay $11,448
Total interest paid $1,448

You can get more info and a detailed repayment schedule for each loan. Click on the loan name to see more detail.

We've found a range of personal loans that match your criteria:

Find the best personal loan

The need for a personal loan can arise for many reasons. Whether you are trying to consolidate your debt, looking to renovate your home, buy a car or wanting to make your dream holiday a reality, the first step towards landing the money you need is searching for, comparing and calculating your personal loan requirements.

Personal loans are a popular choice for Australian borrowers because unlike credit cards, most personal loans require regular, equal repayments and offer more competitive interest rates. This can provide the forced discipline many people need to pay down their debt in a set time frame – and lower interest rates means less to pay off.

If you’ve just landed on this page you can easily crunch the numbers to see how much you can afford to borrow by calculating what your repayments will be. Then it’s time to start searching and comparing personal loans.

While we can’t tell you exactly what personal loan is the best for your needs, we can help ensure you don’t pay too much – make sure you compare personal loan interest rates, fees and features using RateCity’s personal loan calculator.

Calculate your personal loan repayments

If you have arrived at this page then you’re probably already investigating your borrowing capacity with our calculator tool.

There are only four main components needed to calculate your personal loan repayments; the loan amount, interest rate, loan term and how often you wish to make the repayments. Once you have plugged these into our calculator we will breakdown your repayments, work out the total interest payable and the time it will take you to pay off the total loan.

The personal loans calculator is a great guide when working out how much you can comfortably borrow and repay. But take note, a small change in interest rates can mean the difference of thousands – so make sure you compare a range of Australian lenders interest rates to see how much you can save.

Compare personal loans

Head over to our personal loans comparison page to start comparing some of Australia’s best personal loans offers.

When visiting the RateCity comparison page start narrowing down your personal loan choices by lender, interest rate, low fees or special loan features. Personal loans can seem quite standard across the market, but there are still ways to pick the best from the rest.

Once you’ve found a few lenders who are speaking your language – and a low interest rate – head back to this page and redo your calculations based on their advertised interest rates and loan terms to get a more tailored calculation.

Apply for a personal loan

Ready to apply? Once you have spotted a personal loan that meets your requirements and is offering a competitive interest rate just click on the green ‘go to site’ button and you’re on your way to applying. No pressure – once you’ve gone through to your chosen personal loans lender’s website you can discuss and review the loan with one of their qualified staff members.

Personal loan guides

You have a few options when it comes to choosing a personal loan so it’s best to do your research. There are secured, unsecured, fixed and variable personal loans available and each one offers different benefits and/or restrictions. To conduct your own research before applying, visit our personal loans step-by-step guide which breaks down each loan type for you so you can work out what suits you best.

This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about products from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers and may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a product, you will deal directly with a financial institution, and not with RateCity. Rates and product information should be confirmed with the relevant financial institution, and you should review the PDS before you decide to purchase. See our terms of use for further details. This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.