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What Will My Repayments Be?

So you're doing your homework before taking out a loan and working out how much you can afford. So how much will your loan repayments be?

Using this calculator, just enter the amount you'd like to borrow, the interest rate, the term of the loan and the frequency of your repayment.

We'll work out what your repayment will be.

Please Note: Amounts should be entered without spaces or commas.


Amount borrowed ($)
Interest rate %
Frequency of payment
Period of loan year(s)
Your repayments would be:

What if I pay extra?

We all know that putting a little more regularly onto your loan will help you to shave years off it. But how much time will you save?

Just change the repayment amount and you'll see how far you can reduce the term of your loan.

Extra amount (per payment) ($)
NEW regular payment
NEW length of loan

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The best way to keep your loan under control is to work out what repayments you want to make and then only borrow the appropriate amount.

Using this calculator, just enter how much you can put toward a loan repayment each week, fortnight or month and for how long you'd like the loan for - and we'll work out what you can afford.

Amount you can afford to repay per ($)
 
Interest rate %
Period of loan year(s)
Your loan could be:

Please Note: These real-time calculators have been optimised using javascript, and are only available to javascript enabled browsers. If you find that they do not work, you may need to upgrade your web browser.

Both Internet Explorer and Netscape Navigator should work, and can be downloaded and upgraded free of charge.

Disclaimer: This information is indicative only and depends upon a number of assumptions and factors which may change. Orana Credit Union Ltd accepts no liability for any damages that you may incur as a result of the information being inaccurate or incomplete. If you apply for a loan, and an offer is made to you, then the offer will contain complete and current details of the interest rate, repayments, fees and charges that are payable, and terms and conditions that may apply. Repayments are normally rounded up to the nearest whole dollar. Further information is available at any of our Customer Service Offices.

As the information contained in this site has been prepared without considering your objectives, financial situation or needs, you should, before acting on any advice consider its appropriateness to your circumstances.

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