Loan Calculator NZ
Free loan calculator NZ to calculate monthly payments, total interest, and repayment schedules. Compare rates from ASB, ANZ, Westpac, BNZ, Kiwibank, UDC, Sorted, and MTF. Plan your personal loans, car loans, home loans, and borrowing capacity.
Personal Loan Details
Results
Payment Schedule (Amortization Table)
| Month | Payment Date | Beginning Balance | Principal | Interest | Extra Payment | Total Payment | Ending Balance |
|---|---|---|---|---|---|---|---|
| 1 | 1 November 2025 | $20,000.00 | $238.72 | $215.83 | $0.00 | $454.55 | $19,761.28 |
| 2 | 1 December 2025 | $19,761.28 | $241.29 | $213.26 | $0.00 | $454.55 | $19,519.99 |
| 3 | 1 January 2026 | $19,519.99 | $243.90 | $210.65 | $0.00 | $454.55 | $19,276.09 |
| 4 | 1 February 2026 | $19,276.09 | $246.53 | $208.02 | $0.00 | $454.55 | $19,029.57 |
| 5 | 1 March 2026 | $19,029.57 | $249.19 | $205.36 | $0.00 | $454.55 | $18,780.38 |
| 6 | 1 April 2026 | $18,780.38 | $251.88 | $202.67 | $0.00 | $454.55 | $18,528.50 |
| 7 | 1 May 2026 | $18,528.50 | $254.60 | $199.95 | $0.00 | $454.55 | $18,273.90 |
| 8 | 1 June 2026 | $18,273.90 | $257.34 | $197.21 | $0.00 | $454.55 | $18,016.56 |
| 9 | 1 July 2026 | $18,016.56 | $260.12 | $194.43 | $0.00 | $454.55 | $17,756.44 |
| 10 | 1 August 2026 | $17,756.44 | $262.93 | $191.62 | $0.00 | $454.55 | $17,493.51 |
| 11 | 1 September 2026 | $17,493.51 | $265.77 | $188.78 | $0.00 | $454.55 | $17,227.74 |
| 12 | 1 October 2026 | $17,227.74 | $268.63 | $185.92 | $0.00 | $454.55 | $16,959.11 |
| 13 | 1 November 2026 | $16,959.11 | $271.53 | $183.02 | $0.00 | $454.55 | $16,687.58 |
| 14 | 1 December 2026 | $16,687.58 | $274.46 | $180.09 | $0.00 | $454.55 | $16,413.11 |
| 15 | 1 January 2027 | $16,413.11 | $277.42 | $177.12 | $0.00 | $454.55 | $16,135.69 |
| 16 | 1 February 2027 | $16,135.69 | $280.42 | $174.13 | $0.00 | $454.55 | $15,855.27 |
| 17 | 1 March 2027 | $15,855.27 | $283.44 | $171.10 | $0.00 | $454.55 | $15,571.83 |
| 18 | 1 April 2027 | $15,571.83 | $286.50 | $168.05 | $0.00 | $454.55 | $15,285.32 |
| 19 | 1 May 2027 | $15,285.32 | $289.60 | $164.95 | $0.00 | $454.55 | $14,995.73 |
| 20 | 1 June 2027 | $14,995.73 | $292.72 | $161.83 | $0.00 | $454.55 | $14,703.01 |
| 21 | 1 July 2027 | $14,703.01 | $295.88 | $158.67 | $0.00 | $454.55 | $14,407.13 |
| 22 | 1 August 2027 | $14,407.13 | $299.07 | $155.48 | $0.00 | $454.55 | $14,108.05 |
| 23 | 1 September 2027 | $14,108.05 | $302.30 | $152.25 | $0.00 | $454.55 | $13,805.75 |
| 24 | 1 October 2027 | $13,805.75 | $305.56 | $148.99 | $0.00 | $454.55 | $13,500.19 |
| 25 | 1 November 2027 | $13,500.19 | $308.86 | $145.69 | $0.00 | $454.55 | $13,191.33 |
| 26 | 1 December 2027 | $13,191.33 | $312.19 | $142.36 | $0.00 | $454.55 | $12,879.14 |
| 27 | 1 January 2028 | $12,879.14 | $315.56 | $138.99 | $0.00 | $454.55 | $12,563.57 |
| 28 | 1 February 2028 | $12,563.57 | $318.97 | $135.58 | $0.00 | $454.55 | $12,244.61 |
| 29 | 1 March 2028 | $12,244.61 | $322.41 | $132.14 | $0.00 | $454.55 | $11,922.20 |
| 30 | 1 April 2028 | $11,922.20 | $325.89 | $128.66 | $0.00 | $454.55 | $11,596.31 |
| 31 | 1 May 2028 | $11,596.31 | $329.41 | $125.14 | $0.00 | $454.55 | $11,266.90 |
| 32 | 1 June 2028 | $11,266.90 | $332.96 | $121.59 | $0.00 | $454.55 | $10,933.94 |
| 33 | 1 July 2028 | $10,933.94 | $336.55 | $118.00 | $0.00 | $454.55 | $10,597.39 |
| 34 | 1 August 2028 | $10,597.39 | $340.19 | $114.36 | $0.00 | $454.55 | $10,257.20 |
| 35 | 1 September 2028 | $10,257.20 | $343.86 | $110.69 | $0.00 | $454.55 | $9,913.34 |
| 36 | 1 October 2028 | $9,913.34 | $347.57 | $106.98 | $0.00 | $454.55 | $9,565.77 |
| 37 | 1 November 2028 | $9,565.77 | $351.32 | $103.23 | $0.00 | $454.55 | $9,214.46 |
| 38 | 1 December 2028 | $9,214.46 | $355.11 | $99.44 | $0.00 | $454.55 | $8,859.34 |
| 39 | 1 January 2029 | $8,859.34 | $358.94 | $95.61 | $0.00 | $454.55 | $8,500.40 |
| 40 | 1 February 2029 | $8,500.40 | $362.82 | $91.73 | $0.00 | $454.55 | $8,137.59 |
| 41 | 1 March 2029 | $8,137.59 | $366.73 | $87.82 | $0.00 | $454.55 | $7,770.85 |
| 42 | 1 April 2029 | $7,770.85 | $370.69 | $83.86 | $0.00 | $454.55 | $7,400.17 |
| 43 | 1 May 2029 | $7,400.17 | $374.69 | $79.86 | $0.00 | $454.55 | $7,025.48 |
| 44 | 1 June 2029 | $7,025.48 | $378.73 | $75.82 | $0.00 | $454.55 | $6,646.74 |
| 45 | 1 July 2029 | $6,646.74 | $382.82 | $71.73 | $0.00 | $454.55 | $6,263.92 |
| 46 | 1 August 2029 | $6,263.92 | $386.95 | $67.60 | $0.00 | $454.55 | $5,876.97 |
| 47 | 1 September 2029 | $5,876.97 | $391.13 | $63.42 | $0.00 | $454.55 | $5,485.84 |
| 48 | 1 October 2029 | $5,485.84 | $395.35 | $59.20 | $0.00 | $454.55 | $5,090.49 |
| 49 | 1 November 2029 | $5,090.49 | $399.61 | $54.93 | $0.00 | $454.55 | $4,690.88 |
| 50 | 1 December 2029 | $4,690.88 | $403.93 | $50.62 | $0.00 | $454.55 | $4,286.95 |
| 51 | 1 January 2030 | $4,286.95 | $408.29 | $46.26 | $0.00 | $454.55 | $3,878.67 |
| 52 | 1 February 2030 | $3,878.67 | $412.69 | $41.86 | $0.00 | $454.55 | $3,465.97 |
| 53 | 1 March 2030 | $3,465.97 | $417.15 | $37.40 | $0.00 | $454.55 | $3,048.83 |
| 54 | 1 April 2030 | $3,048.83 | $421.65 | $32.90 | $0.00 | $454.55 | $2,627.18 |
| 55 | 1 May 2030 | $2,627.18 | $426.20 | $28.35 | $0.00 | $454.55 | $2,200.98 |
| 56 | 1 June 2030 | $2,200.98 | $430.80 | $23.75 | $0.00 | $454.55 | $1,770.18 |
| 57 | 1 July 2030 | $1,770.18 | $435.45 | $19.10 | $0.00 | $454.55 | $1,334.74 |
| 58 | 1 August 2030 | $1,334.74 | $440.15 | $14.40 | $0.00 | $454.55 | $894.59 |
| 59 | 1 September 2030 | $894.59 | $444.90 | $9.65 | $0.00 | $454.55 | $449.70 |
| 60 | 1 October 2030 | $449.70 | $449.70 | $4.85 | $0.00 | $454.55 | $0.00 |
About Loan Calculator NZ
Our free loan calculator NZ is a comprehensive tool designed to help New Zealanders make informed financial decisions. Whether you're planning to take out a personal loan, finance a car, purchase a home, or determine your borrowing capacity, this calculator provides accurate estimates based on current market rates.
The calculator supports multiple loan types including personal loans, car loans, and home loans. You can compare interest rates from major New Zealand banks including ASB, ANZ, Westpac, BNZ, Kiwibank, UDC Finance, and MTF Finance. The tool also integrates with Sorted, New Zealand's trusted financial comparison platform, to help you find the best rates available.
For personal loans, the calculator helps you understand your monthly repayments, total interest costs, and how extra payments can reduce your loan term and save money. Car loan calculations include options for balloon payments, which can lower your monthly repayments while maintaining flexibility at the end of your loan term.
Home loan calculations account for additional costs such as property tax, home insurance, and rates, giving you a complete picture of your monthly housing expenses. The affordability calculator helps you determine how much you can borrow based on your income, expenses, existing debts, and dependents, following New Zealand's lending guidelines.
All calculations are performed using standard New Zealand lending formulas and consider factors such as loan amount, interest rate, loan term, and optional extra payments. The payment schedule shows a detailed amortization table with all monthly payments, helping you visualize how your loan balance decreases over time.
This calculator is particularly useful for comparing loan offers from different banks, understanding the impact of interest rates on your repayments, and planning your financial future. Whether you're a first-time borrower or looking to refinance, our loan calculator NZ provides the insights you need to make confident financial decisions.