How to Use the Calculator
Enter the loan amount you want to borrow (from $500 to $50,000)
Choose a repayment term (3 to 60 months)
Instantly view your estimated repayments
Use our simple personal loan repayment calculator to find out how much you could borrow, and what your loan payments could be over your preferred loan term period.
Enter the loan amount you want to borrow (from $500 to $50,000)
Choose a repayment term (3 to 60 months)
Instantly view your estimated repayments
A personal loan is a versatile financial product designed to help you cover various planned or unexpected expenses. It's a type of loan you can use for almost anything, from home renovations and buying a car to consolidating debt or financing a vacation.
At Instant Finance, personal loans can be either secured loans, where you provide collateral, or unsecured loans, which don't require collateral. These loans offer a flexible solution with tailored repayment plans and competitive interest rates, ensuring you get the financial support you need with terms that fit your budget.
If you have any specific needs or circumstances, Instant Finance can provide a personalised loan solution to help you achieve your goals. Their quick application process and fast approval times make it easy to get the funds you need when you need them.
With over 50 years helping everyday Kiwis, we offer:
Comparing personal loans involves looking at several key factors to find the best option for your needs. Start by examining the interest rates, as lower rates can save you money over the life of the loan. Consider the personal loan repayment calculation, ensuring the monthly payments fit your budget. At Instant Finance, we make all processes straightforward by providing transparent information and personalised support to help you choose the right loan.
The calculator provides a close estimate based on standard fees and average interest rates. Your final repayments may vary depending on your credit profile and chosen loan terms.
No. Using the calculator is free and doesn’t affect your credit rating.
Yes. Once you’ve reviewed your repayments, click "Apply Now" to start your application. It only takes a few minutes.
The monthly cost of a $20,000 loan with Instant Finance will vary based on factors such as the interest rate, loan term, and any additional fees specific to your loan agreement.
For example, with Instant Finance's competitive rates, your estimated monthly payment could be around $377.42. However, this is a simplified estimate, and the actual amount may differ depending on your individual loan terms.
We recommend using our personal loan calculator or speaking directly with our team to get a tailored quote based on your specific needs.
This method ensures you have a clear understanding of your repayment obligations.