Loan Calculators To Work Out What You Can Really Afford

Q: Can extra repayments really save me that much?

Often, yes. Paying a little extra each cycle reduces the balance faster, so less interest accrues and the loan finishes sooner. Our extra repayment calculator shows both savings. One caution: some loans charge early repayment, break or exit fees, which can reduce or cancel out the benefit, so check your loan contract first.

Q: What is a comparison rate and why does it matter?

A comparison rate folds most of a loan's fees into a single figure, so it shows you the true cost rather than just the advertised interest rate. Two loans can advertise the same rate and cost very different amounts once fees are counted. When you are weighing up offers, the comparison rate is the number to look at.

Q: What interest rate should I use in the calculator?

Use a rate you have actually been quoted, or a realistic estimate for the type of loan you are considering. We are a finance broker rather than a lender, so we do not set rates and cannot quote one before a lender assesses you. That is why every calculator asks you to enter the rate yourself.

Q: Is a borrowing power calculator the same as a pre-approval?

No, and this is an important difference. A borrowing power calculator gives you a rough estimate based on the numbers you enter. A pre-approval is a lender assessing your actual finances and telling you what they are prepared to lend. Every lender calculates borrowing capacity differently and applies its own buffers, so your real result may be quite different.

Q: Does using a loan calculator affect my credit score?

No. A calculator is just a maths tool. Nothing is submitted, no lender sees it, and no credit enquiry is made, so your credit score is untouched. A credit check only happens when you make a formal application, which is a separate step you choose to take.

Q: How accurate is a loan calculator?

A calculator is only as accurate as the figures you put into it. It gives you a reliable estimate of what a loan would cost at the rate and term you enter, but it cannot know the rate a lender will actually offer you, or the fees that lender charges. Treat the result as a guide to help you budget, not as a quote.

Q: Are your loan calculators free to use?

Yes, completely. All of our calculators are free, there is no sign-up, and nothing you enter is stored as an application. Using a calculator will not affect your credit score, because no credit check takes place. Our broker service is also free for you when you decide to apply, as we are paid by the lender.

Estimate your repayments, your borrowing power and what extra repayments could save you. Free to use, no sign-up, and no impact on your credit score to check your options.

Free to use
No sign-up needed.
Checking your options won’t affect your credit score.

Free loan calculators, built by an accredited Australian finance broker

Before you apply for anything, it pays to know the numbers. Our calculators let you estimate repayments, work out roughly what you could borrow, and see what a few extra dollars a week could save you over the life of a loan. They are free, they take seconds, and nothing you enter is an application. We are an accredited Australian finance broker, not a lender. When you are ready to move, apply once through Get A Loan and we will compare your options across our panel of more than 70 lenders. Our service is free for you.

Free to use

No sign-up

70+ lender panel

No credit score impact

Car Loan Calculator

Estimate your repayments on a new or used car, including an optional balloon payment. See the total interest and what the loan really costs.

Calculate car repayments

Personal Loan Calculator

Work out repayments on a personal loan and see how establishment and monthly fees change the total cost, not just the headline rate.

Calculate personal loan repayments

Borrowing Power Calculator

Get a rough idea of what you could borrow based on your income, expenses and existing commitments. An estimate to guide you, not an approval.

Estimate your borrowing power

Extra Repayment Calculator

See how much interest you could save and how much sooner you could be debt free by paying a little extra each week, fortnight or month.

See what extra repayments save

Equipment and Business Vehicle Finance Calculator

Estimate repayments on a ute, truck, trailer, machinery or equipment, with a balloon set as a percentage the way commercial finance is quoted.

Calculate business finance

Run the numbers, then let us find the lender

A calculator gives you an estimate. A broker gives you a real deal. Apply once and we will compare your options across our panel of more than 70 lenders to find one that suits your situation.

Apply Now

How To Use Our Loan Calculators

Ready to turn an estimate into a real offer? It’s fast, free, and won’t affect your credit score.

What A Loan Calculator Can't Tell You

Our calculators are a genuinely useful starting point, but it would be dishonest to pretend they are the whole picture. Here is what they cannot do.

They can't approve you

A calculator has never seen your credit file, your income stability or the asset you are buying. Only a lender can approve a loan, and every application is subject to their assessment.

They don't know your real rate

The rate you enter is a guess until a lender assesses you. Your actual rate depends on your credit profile, the loan type, the security and the lender. That is exactly what a broker is for.

They can't see the fees

Establishment fees, monthly fees and early exit costs can all change what a loan really costs. Always compare the comparison rate, not just the interest rate or the monthly repayment.

What you can borrow is a ceiling, not a target

Just because a calculator says you could borrow a certain amount does not mean you should. Leave room in your budget for a rate rise, running costs and the unexpected.

Frequently Asked Questions

Can extra repayments really save me that much?

What is a comparison rate and why does it matter?

What interest rate should I use in the calculator?

Is a borrowing power calculator the same as a pre-approval?

Does using a loan calculator affect my credit score?

How accurate is a loan calculator?

Are your loan calculators free to use?

Still have questions? We’re here to help. Contact our team anytime.

The calculators on this page provide estimates only, based on the figures you enter. They are not quotes, rate offers, pre-approvals or approvals, and no lender has assessed you. Results assume a fixed rate and consistent repayments for the life of the loan. Your actual rate, fees and repayments depend on the lender and your circumstances, and all finance is subject to lender approval. Information on this page is general only and does not take into account your objectives, financial situation or needs. Get A Loan Finance Pty Ltd is an accredited finance broker, not a lender. If you are worried about debt or the cost of borrowing, please read our Warning About Borrowing page.

Loan Calculators To Work Out What You Can Really Afford

Free loan calculators, built by an accredited Australian finance broker

Car Loan Calculator

Personal Loan Calculator

Borrowing Power Calculator

Extra Repayment Calculator

Equipment and Business Vehicle Finance Calculator

Run the numbers, then let us find the lender

How To Use Our Loan Calculators

1. Enter your numbers

2. Play with the settings

3. Apply once, compare many

What A Loan Calculator Can't Tell You

They can't approve you

They don't know your real rate

They can't see the fees

What you can borrow is a ceiling, not a target

Frequently Asked Questions

Personal Loans

Business Loans

Car & Leisure Loans

Contact

Support