What will my loan really cost?

Enter your loan amount, interest rate and tenure to see the monthly instalment and total interest. Add an extra monthly payment to see how much sooner you finish and how much interest you save.

Your loan

$
% / yr
Nominal yearly rate, compounded monthly.
yrs

Pay it off faster

$
On top of the normal instalment. Try 200 or 500.
Monthly instalment
—
Total interest
—
Total you repay
With extra payments, done in
—
Interest saved
—

Loan balance over time

Normal instalments With extra payments

Year-by-year table
YearBalance (normal)Balance (with extra)

Assumes a fixed interest rate for the whole tenure and payments at the end of each month. Your lender’s figures may differ slightly because of rounding, fees or rate changes.