APR calculator (Australian)
See the true annual cost of a loan once fees are included, and how far the APR sits above the interest rate.
APR calculator
Only the fees you enter are included — a fee left out cannot show up in the answer. In Australia, an advertised rate is often "representative", meaning most successful applicants are offered it rather than everyone.
Estimate only. This result is produced from the figures you entered and the assumptions listed on this page. It is not financial advice, not a quotation and not an offer, and no provider is bound by it. Check current terms with the provider before acting. Nothing you type here is sent anywhere — the calculation runs entirely in your browser.
How this is worked out
The rate at which the present value of every repayment equals the money actually received.What this assumes
A calculator is only as good as what it leaves out. These are the assumptions built into the result above.
- Repayments are equal and made on schedule.
- Only the fees you enter are included. A fee left out cannot show up in the answer.
- The rate is fixed for the term.
- A lender’s advertised APR is often "representative", meaning most applicants are offered it — not everyone.
Educational information only. This page explains how something works in Australia. It is not financial advice and does not take account of your circumstances. Rates, fees and eligibility change without notice — check the provider’s own terms before you act.
For free, impartial guidance, see Moneysmart (ASIC). To complain about a firm, contact the Australian Financial Complaints Authority.
Guides that go with this tool
What Is APR, and Does It Apply in Australia?
APR is a US and UK term. Australian lenders quote an interest rate and a comparison rate instead — here is how they line up.
What Is a Comparison Rate?
Australian lenders must publish a comparison rate alongside the interest rate. It folds in fees — but it is calculated on a standard example, not on your loan.