Here at VIP Finance Group we aim to provide the best possible solutions to meet your financial need.
We try to find the best possible loan to ensure the loans right for you.
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Using the calculator is straight forward. User enters a "loan amount", "number of months", "annual interest rate". The calculator calculates the number of monthly payments.
The "Payment Method" determines when the first payment is due. With the default selection, "End-of-Period", the first payment will be due one month after the loan is made. If "Start-of-Period" is selected, then the first payment will be due on the loan date.
The term (duration) of the loan is expressed as a number of months.
- 60 months = 5 years
- 120 months = 10 years
- 180 months = 15 years
- 240 months = 20 years
- 360 months = 30 years
Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/loan-calculator
Currency and Date Conventions
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.
Terms & Conditions
IMPORTANT INFORMATION
Amounts calculated are estimates only and true only for the example given and based entirely on the information you provide. You should not rely on this information and nothing in this estimate constitutes an offer or intention to enter into a legally binding contract or arrangement with any party. The VIP Finance Group repayment calculator calculates the type of repayment required, at the frequency nominated by you and is based upon the loan details entered by you, being amount, loan type, duration, interest rate. Different terms, fees or other loan amounts may result in a different repayment amount and interest rate. Costs such as fees, charges and balloon payments are not included in this estimate but may influence the cost of credit. The repayment amounts provided are for illustrative purposes only. Finance is subject to successful application of relevant credit criteria. To apply for finance, you must complete a finance application. All finance subject to successful application of Lender’s credit criteria. Terms and conditions apply. Commission, fees and charges are payable. Credit Assistance Services provided by VIP Finance Group ABN: 11 606 988 38. Australian Credit License number 389087. To learn what your individual repayments on a given loan amount would be please call 1300 004 VIP and speak to a VIP Finance Group consultant today.