Why choose MoneyMe?

What can you expect

What do repayments look like?


Lucy, 38

8.99% p.a. interest rate

12.36% p.a. comparison rate*

Excellent credit rating

Borrowed $17,000 over 5 years

Monthly repayments: $370.58


Matt, 29

19.25 % p.a. interest rate

21.12% p.a. comparison rate**

Fair credit rating

Borrowed $6,500 over 3 years

Monthly repayments: $258.33




*This comparison rate is based on our personal loan for an amount of $10,000 over 3 years wich includes a 5% establishment fee.

**This comparison rate is based on our personal loan for an amount of $30,000 over 5 years and an 8% (capped at $1,200) establishment fee.

WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.


Things you should know

For an unsecured personal loan of:



Medium Loan From $2,100 to $3,000

Repayment period:

• Minimum 12 months    • Maximum 24 months

Based on an unsecured loan of $2,500 over 2 years:

  • Minimum interest rate of 8.99% p.a. (16.78% p.a. comparison rate*). The total repayment is $2,960.07, which includes $2,500 principal, $200 establishment fee and $260.07 interest.

  • Maximum interest rate of 29.99% p.a. (38.50% p.a. comparison rate*). The total repayment is $3,622.82, which includes $2,500 principal, $200 establishment fee and $922.82 interest.

*Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates.

Personal Loan From $3,001 to $50,000

Repayment period:

• Minimum 12 months    • Maximum 60 months

Based on an unsecured loan of $30,000 over 5 years:

  • Minimum interest rate of 8.99% p.a. (10.68% comparison rate*). The total repayment is $38,850.56, which includes $30,000 principal, $1,200 establishment fee and $7,650.56 interest.

  • Maximum interest rate of 19.25% p.a. (21.12% p.a. comparison rate*). The total repayment is $48,818.59, which includes $30,000 principal, $1,200 establishment fee and $17,618.59 interest.

*Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates.

Things you should know

For a line of credit:



Fees and charge

  • Interest rate 16.99%*

  • Credit limit approvals up to $20,000

  • Minimum withdrawal amount is $100

  • Monthly account fee of $5

    Only applies if outstanding balance is over $20

  • Annual fee from $0 to $149

    Based on your credit limit and rating

*This interest rate is based on the Annual Percentage Rate (APR). Our APR is calculated daily by applying the daily APR and charged in arrears on the oustanding balance of your loan to the date your payment is due.

Other fees that may apply

  • Dishonour fee of $15

    This is payable each time a direct debit is dishonoured on your commitment to make a loan repayment is not met.

  • Overdue account fee of $15

    This is payable each time your account is not up to date by the end of the last day of the month.

Example repayments

Based on a revolving line of credit of $20,000 over 3 years

  • Minimum interest rate of 16.99% p.a. (20.44% p.a. comparison rate^) with total cost of $3,460.19

Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

View our products

Up to $20,000

Low rate 16.99% p.a. & $250 back*

  • Up to 55 days interest-free
  • Fast approval in minutes
  • Add to mobile wallet to use instantly
  • Transfer credit to your bank or
    pay anyone

*$250 is credited back to your account when you spend a minimum AUD$1,000 on purchases using your Freestyle Virtual Mastercard®. Eligible for applications made from 01/09/2020 for a limited time only.
View full T&C’s here.

Up to $50,000

  • Money in your bank in as little
    as 60 minutes
  • Online quick application
  • Simple repayments and costs nothing to repay early
  • Low rates tailored to your profile

Up to $20,000

Low rate 16.99% p.a. & $250 back*

  • Up to 55 days interest-free
  • Fast approval in minutes
  • Add to mobile wallet to use instantly
  • Transfer credit to your bank or pay anyone

*$250 is credited back to your account when you spend a minimum AUD$1,000 on purchases using your Freestyle Virtual Mastercard®. Eligible for applications made between 31/07/2020 and 31/08/2020.
View full T&C’s here.

Up to $50,000

  • Money in your bank in as little as 60 minutes
  • Online quick application
  • Simple repayments and costs nothing to repay early
  • Low rates tailored to your profile

Free Loan Repayments Calculator

MoneyMe provides a free loan repayment calculator to help you plan your finances when taking out a loan. By knowing what your loan repayment will be on a regular basis, it will be easier for you to stay on top of your financial situation and to have peace of mind.

How To Use The Repayments Calculator

The repayment calculator allows you to select the amount you want to borrow, ranging between $2,100 and $50,000. You can also choose the preferred repayment term of your loan, which can range between 6 months and 3 years. Certain borrowing amounts have pre-set periods of loan repayment. For example, a $50,000 loan has a repayment period ranging between 1 to 3 years, while smaller loan sizes can have smaller repayment periods. It is also possible to select the repayment frequency to be either weekly or monthly.

MoneyMe Credit Rating

Your MoneyMe credit rating can affect your loan repayment interest rate. If you have a great history of borrowing with MoneyMe, you will have an “A1+ – Impeccable” rating, and will receive the best interest rates. By selecting the different ratings in the repayment calculator, you can see the different cost of your loan under the different credit ratings.

Why Choose MoneyMe?

MoneyMe uses the latest in financial technology to quickly and securely process your loan application. The entire process occurs online, without the need for printed documents, which means a far more convenient process for you. This can be invaluable for getting you out of a jam in crucial times because, if you are approved, the money can also be within your account within an hour*.




What To Do After Using the Loan Repayment Calculator

Use the loan repayment calculator to select your desired loan amount, loan repayment period, and repayment frequency to see what your loan repayment plan looks like. If you are confident that your financial situation can comfortably support the regular loan repayments, click on the “Apply Now” button to start the application process. It’s as easy as that!

* Note the 1 hour transfer time depends on how fast your financial institution can receive the funds. For example, Commonwealth Bank customers that are approved quickly on a weekday can receive the funds within an hour.




View our products

Up to $20,000

Low rate 16.99% p.a. & $250 back*

  • Up to 55 days interest-free
  • Fast approval in minutes
  • Add to mobile wallet to use instantly
  • Transfer credit to your bank or
    pay anyone

*$250 is credited back to your account when you spend a minimum AUD$1,000 on purchases using your Freestyle Virtual Mastercard®. Eligible for applications made from 01/09/2020 for a limited time only.
View full T&C’s here.

Up to $50,000

  • Money in your bank in as little
    as 60 minutes
  • Online quick application
  • Simple repayments and costs nothing to repay early
  • Low rates tailored to your profile

Up to $20,000

Low rate 16.99% p.a. & $250 back*

  • Up to 55 days interest-free
  • Fast approval in minutes
  • Add to mobile wallet to use instantly
  • Transfer credit to your bank or pay anyone

*$250 is credited back to your account when you spend a minimum AUD$1,000 on purchases using your Freestyle Virtual Mastercard®. Eligible for applications made between 31/07/2020 and 31/08/2020.
View full T&C’s here.

Up to $50,000

  • Money in your bank in as little as 60 minutes
  • Online quick application
  • Simple repayments and costs nothing to repay early
  • Low rates tailored to your profile

Personal Loan Repayment Calculator | MoneyMe

Learn how much you can borrow

A personal loan repayment calculator is a useful online tool designed to help you understand how your monthly repayments would look like on your personal loan of choice and how it would affect your current cash flow.

Learn more

Learn how much you can borrow

A personal loan repayment calculator is a useful online tool designed to help you understand how your monthly repayments would look like on your personal loan of choice and how it would affect your current cash flow.

Our personal loan calculator will show you an fast preview of your repayments based on your selected unsecured loan amount and repayment duration. By using a loan calculator, you can quickly and clearly see your expected fortnightly or monthly loan repayments and how much interest is included on your overall fee.

How does a personal loan interest work?

Personal loans Australia are offered to eligible applicants with an interest amount payable over the loan term. The amount of interest is delivered as a percentage of the total loan amount per annum (yearly) and then calculated monthly.

Here at MoneyMe, we calculate the interest rate of your short term loans or larger unsecured personal loans based on a range of factors. One of the things money lenders like us consider is your current debt and credit history. If you are a credit applicant with a good credit history and lower debt, we may offer you a lower interest rate for cash loans. On the other hand, if you’re still in the process of building a solid credit file or totally new to borrowing and don’t have a credit history yet, your interest rates for easy loans may be a bit higher.

Your MoneyMe loan rating

What’s great about our loan offers is that we have our own in-house credit rating system that applies to each of our customers. It is primarily based on your credit history with MoneyMe, so if you’ve had small loans with us in the past and were able to repay on time, you may be able to increase your eligibility for lower rates and same day loans with a better value the next time you apply.  

Get a loan term that suits you

When it comes to short term loans, the total interest payable over the loan term will be lower than what is charged on long term loans.

So, if you’re looking for a smarter choice and repayments that won’t affect your current living expenses too much, you may find that long term personal loans may be more optimal to fix short-term cash flow issues. However, if you’re looking for something like a bond loan to help you secure a new rental property, a shorter loan term might be best. We can help you secure quick loans to cover bond and rent assistance fast, so you don’t miss out on your next rental waiting for funds to be available.

Using a personal loan repayment calculator can also help you answer the question: “How much can I borrow for a quick loan?” It will give you an fast indication of likely repayment amounts, including the associated fees such as the establishment fee and the interest fee based on your credit history and preferred payment duration. Rather than adding more financial strains to customers, we want to ensure that they are only getting repayment amount for express loans and small personal loans that they can comfortably repay. If your personal loan repayment calculator is showing you that money will be tight on your desired credit limit, you can always adjust the loan amount and the repayment duration until you arrive at a term that suits you.

Pay later with Freestyle

Freestyle is Australia’s first virtual credit account that provides quick access to up to $10,000 through a fast and simple online application using your phone. A traditional credit card offers a revolving line of credit that you can continue to draw on once you have made repayments on the credit you have already borrowed. Freestyle has the same feature, except that you can do more with it. Powered by Mastercard, it’s like a virtual credit card that you can use to Tap n Pay for everyday purchases like groceries and petrol, or pay for larger ticket items like holidays or car repairs – all while repaying your balance slowly over time. Plus, it also allows you to transfer money straight to your bank account or anyone. Freestyle lives inside your phone and not in your wallet, so you can take it with you anywhere and use it whenever you need it!

And it’s not just that: Freestyle comes with an interest-free period of up to 55 days so you can shop more without worrying about interest fees for a longer period. You may use it to pay for incidental costs throughout the month if you have a strict budget to adhere to, or if you simply need a cash advance to manage other payments while waiting for your next paycheck. 

Upfront tuition payments

Of course, larger purchases require larger cash loans online. For education and tuition costs, you may find our student loan to be a better fit. Taking out this type of personal loan will ensure that you can pay for your full study costs upfront, usually opening up perks like early bird fee reductions. Our education loans are made flexible and student-friendly, allowing you to repay your total tuition costs over a repayment duration that suits you. A personal loan repayment calculator provides a computation on-the-spot, so you can get an idea on how to adjust your everyday spending to give way for repayments that include personal loan interest rates and establishment fees.

Quick loans for big expenses

Are you remodelling your kitchen or planning to enhance your outdoor living space at home? Now’s the time to stop dreaming and start planning! With MoneyMe’s renovation loan up to $50,000, you can get started with your improvement and renovation projects in no time. Getting the cash upfront means that you can start the work without hurting your savings and pay later in comfortable repayments.

Our travel loan options can help you start planning that much-needed holiday or prepare for your gap year around the world. Pay for flights, tours and accommodation upfront, snag yourself some excellent savings, and then relax with regular monthly repayments that fit with your lifestyle. We’re here for you if you’d like to spoil yourself, too!

Or maybe, you’ve found the perfect car or you need a boat loan for your sailing upgrades. Our same day loans give you the flexibility to snatch a great deal on your ideal vehicle. Applications are completed online in a matter of minutes, so you’ll know sooner rather than later whether you can tell the seller that you’ll have the funds ready to pick up your new cruiser. Same day cash loans mean that you could drive away in it the same day as your loan approval.

If you’ve been wondering about how fast and flexible credit could change your life, it’s time to stop wondering and start acting. Use our personal loan repayment calculator to give yourself an indication of the loan amount you’re looking. And once you got your ideal loan rate, you can apply for a MoneyMe personal loan straight away! We’re all about helping you get the cash you need fast, so you can focus on the more important things and start living your life.