Know the monthly payment before you borrow.
Set the amount, the term, and the rate to see an indicative instalment, the total interest, and the total payable. Free, instant, and no credit check.
Flexible EMI calculator
Check the monthly payment first
Indicative result
$5,250per month
This is an educational estimate, not an offer. Your actual instalment depends on the approved amount, rate, fees, and repayment terms.
How to read the result
The instalment is the number most people look at, but the total payable is the one that decides whether a loan is good value. Two offers with the same monthly figure can differ by thousands once the term is taken into account, which is why both figures are shown together here.
Use the calculator to test affordability honestly. Take the instalment, add your existing commitments, and check what is left against a normal month rather than a good one. If the margin is thin, a smaller amount or a longer term is a better conversation to have before applying than after.
When you are ready, the application asks for the amount and purpose, and the confirmed rate and instalment appear in your agreement before anything is signed.
Questions & answers
About EMI and repayment
What the numbers mean, and what they do not promise.
What is an EMI?
An equated monthly instalment is a fixed payment that covers both interest and part of the principal. Early instalments are weighted towards interest and later ones towards principal, but the amount you pay each month stays level.
Does a longer term make a loan cheaper?
It lowers the monthly instalment but raises the total interest, because you are borrowing for longer. Move the term slider and watch the total payable figure rather than only the monthly one.
Is the rate in the calculator the rate I will get?
No. The rate field is yours to set so you can test scenarios. Your actual rate depends on the product, the amount, the term, and the outcome of underwriting, and it is confirmed in your agreement.
Can I repay early?
Prepayment and early settlement terms depend on the facility. Ask before you sign so you know whether reducing the balance early saves interest and whether any charge applies.
A better financial operating system
Comfortable with the number? Start the application.
Applying takes a few minutes and there is nothing to pay to submit.