Personal loan repayment calculator
What could a Personal Loan cost?
As an example, if you borrow $5,000, over 2 years at 17.85% p.a. with monthly payments of $261.72, your total interest cost will be around $1,281.31. A loan facility fee of $250 has been included in this calculation.
Interest rates are subject to change. Repayment periods are from 3 months up to 5 years.
About our personal loans and this calculator:
This calculator is intended as a guide only. The estimated repayment amount is not a quote or offer from BNZ. If you apply for a personal loan, we will review your application and your results may differ from what is indicated by this calculator.
How the calculator works:
We have made the following list of assumptions to calculate your approximate personal loan repayments:
- The current Advanced Personal Loan variable interest rate doesn't change during the term of your loan. Note that in reality, interest rates are likely to change over time.
- You make all your required monthly repayments in full and on time.
- You don't make any additional lump sum repayments or increase your monthly repayments above the standard repayments.
- You are not charged any fees (other than the loan facility fee) during the term of your loan.