Easily estimate your loan costs with our Personal Loan Interest Calculator. This tool provides an indicative interest rate for your Credit24 loan and an estimated total repayment amount, based on your selected loan duration. Please note that actual loan terms, including interest rate and repayment amounts, may vary depending on your specific financial circumstances and approval criteria.
Stress-free financing for everyday expenses.
Takes care of your moderate expenses.
Fast cash loans to handle your sudden, unbudgeted expenses.
Our easy-to-use personal loan calculator allows you to estimate regular repayment amounts by customising your repayment schedule. Simply enter the loan amount you need, choose weekly, fortnightly, or monthly repayments, and complete your online application in under 10 minutes. Upon approval, funds are typically available within 60 seconds*.
Our fast loan payouts provide flexibility and control over your finances, helping you manage unexpected expenses, cover daily costs, consolidate debt, finance major purchases, or invest in your future. Please remember that approval times and loan terms may vary depending on your financial situation and credit assessment.
If you believe you can easily make regular personal loan repayments you’ve calculated, you can apply for an unsecured Credit24 loan.
Determine how much you need to borrow based on your financial requirements.
Select between weekly, fortnightly or monthly repayments and get your repayments scheduled upfront.
Once you are satisfied with your loan repayment plan, you can complete your loan application online in less than 10 minutes.
It takes just 60 seconds to get your loan if your application is approved* to PAYID enabled customers.
We do not make any personal loan offers through the calculator. It’s just an estimation. The loan conditions will be determined after Credit24 conducts a credit check, which is usually pretty fast.
Certain costs are not included in the calculator, including establishment fees, monthly service fees, and late payment fees.
Interest rates on loans depend on your credit history and financial situation and can range from 24% to 48% per annum.
Personal Line of Credit ($500 to $10,000):
• No establishment fee
• 24%-48% interest p.a. on the outstanding balance
• Late fee: $10 per week
For Small Loans ($2,000 or under):
• Establishment fee of 20% of the loan amount
• A monthly service fee that is 2%-4% of the loan amount
• Late fee: $10 per week
For Medium Loans ($2,001 to $5,000):
• Establishment fee of up to $400
• 24%-48% interest p.a.
• Late fee: $10 per week
For Personal Loans ($5,001 to $10,000):
• No establishment fee
• 24%-48% interest p.a.
• Late fee: $10 per week
Typically, loans can get approved by the next day. To expedite your application, please ensure you provide us with all the necessary information including your mobile, email address, ID and three months of bank statements.
To qualify for a personal loan with Credit24, you’ll need to meet the following criteria:
Permanent Residency: You must be a citizen or Permanent Resident of Australia.
Age Requirement: Applicants must be at least 18 years old.
Employment Status: You should be employed and earning a minimum of $600 per month.
Credit History: A reasonable credit history is necessary to proceed with your application.
