Terms and conditions

For Aussie's Loan Calculators

The information provided by this loan calculator should be treated as a guide only, and not be relied on as true indication of your loan repayments, or a quote or indication of pre-qualification for any loan product.

The Aussie Calculators calculate the required repayment amount based on the terms of your loan: primarily loan amount, interest rate, repayment frequency and loan term.

Key calculator assumptions

  • Length of Month - It is assumed that each month is of equal length.
  • Weeks and fortnights in a year - 52 and 26, respectively.
  • Rounding - Calculated dollar amounts are rounded to the nearest whole cent.

In practice, actual loan calculations may differ based on how a lender interprets these factors in regards to any given loan. For example, we calculate fortnightly repayments based on an exact two week period, whereas some lenders may require half of month repayments, which will result in a higher figure. These assumptions allow us to help you determine estimated repayment amounts that will help with your research.