Personal loan calculator

Personal loans from 7.90% p.a.* Try our personal loan calculator to work out what you could borrow or save.

Personal loan calculator

Personal loans from 7.90% p.a.* Try our personal loan calculator to work out what you could borrow or save.

From 1 December 2021, our lending process will look a little different as we comply with new lending laws. This means the way we assess loans has changed, and we’ll take a few extra steps to make sure a loan is both suitable and affordable for you. You can download information on these changes here.


Rates and information 

Our interest rates are priced using a risk matrix that takes into consideration a range of factors including an individual's credit score and affordability. Based on the assessment of an individual's financial information we will assign a risk grade and the corresponding interest rate could apply. Read more about our loans here.

 

Secured loan

Unsecured loan

GradeInterest rate p.a.^Interest rate p.a.^
Orange A 7.90% 8.90%
Orange B 9.90% 10.90%
Yellow A 11.90% 12.90%
Yellow B 13.90% 14.90%
Green A 15.90% 16.90%
Green B 18.90% 19.90%
Blue A 21.90% 22.90%
Blue B 24.90% 25.90%

^Note: These interest rates are indicative only and may be subject to change without notice.
As published on interest.co.nz as at 29 September 2021.

For information on our loan agreements and terms and conditions click here.

More information on our loans

  • We have flexible borrowing terms available from 6 mths - 7 years
  • The minimum personal loan borrowing amount is $2,000 and the maximum personal loan borrowing amount is $60,000.
  • No early repayment fees - you have the option to make lump sum repayments and pay your loan off faster
  • The minimum personal loan interest rate is 7.90% p.a.
  • The maximum personal loan interest rate is 25.90% p.a.
  • View our interest rates and fees here

 

When applying for a credit loan it's important to consider all of the costs involved. Below is an example of the total costs included over the term of a secured vehicle loan:

Personal borrowing

$20,000
+

Approval fee

$200
+

Third party charges

$29.44
=

Total repayments

$20,229.44

Set up over a term of 7 years (366 weeks) at 7.9% p.a. interest = weekly repayments of $72.05.