Use our Personal Loan Repayment Calculator to estimate your monthly repayments, total interest costs, and the total amount you’ll repay over the full term of your loan. Whether you're planning a holiday, consolidating debt, financing a renovation, or covering unexpected expenses, this tool helps you understand your repayment commitments clearly and quickly.
Enter the loan amount, any deposit or upfront contribution, the interest rate, and the loan term in years. The calculator will instantly show your estimated monthly repayment, total repayment amount, and the interest you’ll pay over the loan’s duration. This gives you a realistic picture of what your loan will cost based on your repayment strategy.
Your repayments will depend on the size of your loan, the interest rate set by your lender, the loan term, and any initial deposit. A higher loan amount or longer term typically results in higher total interest, even if monthly repayments are lower. A larger deposit or shorter loan term reduces both total interest and the cost of borrowing overall.
This free calculator is ideal for New Zealanders comparing loan options and planning ahead. No personal details are required, and all calculations are instant and obligation-free. Explore how adjustments to loan term, rate, or deposit can influence your repayment plan before making any commitments.
Lending to friends or whānau? Use Amico to stay protected with a clearly defined loan process.
If you're thinking about lending money to friends or family, it's important to make the process clear, fair, and legally secure. That’s where Amico comes in. Amico is a New Zealand-based peer-to-peer lending app that simplifies personal lending between people who trust each other. It helps you set clear terms, create a digital contract, and manage repayments in one easy-to-use platform.
Using Amico, you can create a loan agreement in five simple steps: get informed by understanding ethical lending practices; create your free account in just a few minutes; start a new loan by entering agreed terms like repayment dates and interest (if any); pay a one-off $15 fee to generate a formal contract; and invite the other party to review and sign. Everything is securely stored, and your agreement is legally binding, so there’s no confusion or stress down the track.
This is a great option if you’re looking to support a loved one while keeping the loan process professional. Whether you’re lending for education, a vehicle, or personal needs, Amico ensures that both parties stay protected and confident. Visit Amico to learn more and start lending responsibly today.
Personal Loan Amount
Deposit / Down Payment
Loan Interest Rate
Repayment Period (Years)
Monthly Payment Owed
Total Payment Owed
Total Principal Owed
Total Interest Payment Owed
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