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What will my repayments be?

So you're doing your homework before taking out a loan and working out how much you can afford.

Using this calculator, just enter the amount you'd like to borrow, the interest rate, the term of the loan and the frequency of your repayment.

We'll work out what your estimated repayment will be.

Please Note: Amounts should be entered without spaces or commas.

Amount borrowed ($)
Interest rate  %
Interest Rate Schedule PDF (80KB)
Frequency of payment
Period of loan year(s)
YOUR REPAYMENTS WOULD BE

What if I pay extra?

We all know that putting a little more regularly onto your loan will help you to shave years off of it. But how much time and money will you save?

Just change the repayment amount and you'll see how far you can reduce the term of your loan.

Extra amount (per payment) ($)
NEW regular payment
NEW length of loan
Interest Saved

If you are having problems with these calculators, it may be because your web browser is not JavaScript enabled. To get a free upgrade for your web browser, please click on either Internet Explorer or Netscape Navigator.

Disclaimer -
Important. CPS Credit Union Co-operative (ACT) Limited accepts no liability for any damages that you may incur as a result of the information being inaccurate or incomplete. If you apply for a loan, and an offer is made to you, then the offer will contain complete and current details of the interest rate, repayments, fees and charges that are payable, and terms and conditions that may apply. Repayments are normally rounded up to the nearest whole dollar. Further information is available at any of our Personal Financial Centres.

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