sign up
sign up
5 June 2022

Loan repayments giving you a headache?

One of our dearest friends Maya has built a simple (and pretty) tool to help you work out what your loan repayments will be. Plug in the relevant details and see what you can/can't afford. You can also use the tool to work out if you can pay off your loan faster.

Add a subheading 600 ×

**Remember, it is always important to plan for the 'worst case' , especially with the circulating news of increasing interest rates.**

$
$
$

Key assumptions:

The figures provided should be used as an estimate only and are based upon the information you put into the calculator. We have made a number of assumptions when producing the calculations including:

  • Fees: No bank fees, government fees and package fees have been considered.
  • Loan term and loan amount: We assume the loan term and loan amount are what you enter into the calculator.
  • Interest rates: We assume that the rate you enter, is the rate that will apply to your loan for the full loan term – even if you choose
  • Interest and repayments: The displayed total interest payable is the interest for the loan term, calculated on the assumed interest rate.
Related articles
Being active online is a fundamental aspect of almost every Australian sole traders business, whether you market your services on […]
Sometimes, things go wrong. No matter what your business does, or what industry you operate in, you'll face many types […]
Lack of time is one of the key challenges small business owners and sole’preneurs face - and don’t we know […]
Recently, Sole announced that we have partnered with Instant Pay to provide new streamlined processes for our customers to receive […]

Leave a Reply

Your email address will not be published.

3 × two =

Subscribe to our newsletter