Loan calculator
Understand what a loan could cost
Enter your own example terms to estimate monthly payments and total cost. This is an illustration, not a KFC quote or eligibility check.
Enter your example terms
Check the rate period and calculation method on the quotation. The interest rate below is not an APR.
All fields are required. Enter 0 for a zero rate or no fee. Equal monthly periods, first payment one month after disbursement, fixed rate, no grace period or balloon. Insurance, recurring fees, tax, late charges and early settlement are excluded. Fees are not financed. Displayed payments are rounded to two decimals; the final payment may differ.
How the methods differ
Reducing balance charges interest on the opening outstanding balance each month. Flat interest charges on the original principal throughout. The same stated rate can produce different costs. The annual nominal rate is divided by 12; a monthly rate is used directly. These tools do not calculate APR.
Check the figures against your budget
A calculated payment does not show whether a loan is affordable or available. Include essential costs, existing debt and a lower-income month.
Build a household budget → Read a written offer →Use the right information
Read the assumptions and use current written terms from the lender. No rate, approval or product availability is promised by these tools.
Take the next step with clarity
Lending is subject to eligibility, assessment and agreed terms. An enquiry is not a loan approval.