Principal vs Interest Only calculator.

Find the loan that’s right for you.

We want you to find the best loan to suit your needs. Try our Repayments Calculator to compare an interest-only loan with a principal loan, with different interest rates as well.

Beyond Bank currently provides interest only options on our investment loans only. All other products provide principal & interest.

Determine which loan is the most cost-effective for you. Compare each loan’s total fees and interest charges over the life of the loan with this fast, simple, online tool.

  • Find the best fit. Compare an interest-only loan with a principal loan.
  • Real-life estimates. Test out real-life situations to suit your lifestyle and income.
  • Choose your interest rates and extra repayments.
  • Keep your calculations safe. Print, email and save your loan repayment data for future reference.
  • Learn about your options. Build your knowledge of loan options and borrow with confidence.
  • Click at the bottom of the page on please read this important information to view this calculator’s disclaimer.*

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*The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change. ​

Results are based on information you have provided and do not take your personal circumstances into account. This calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product. You should consider obtaining advice from a financial services licensee before making any financial decisions. ​

The comparison rate shown is calculated for a $150,000 secured loan repaid monthly over a term of 25 years. 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. ​

All applications for credit are subject to Beyond Bank’s credit assessment criteria. Terms and conditions are available on request. Fees and charges apply. This information is available on our website at www.beyondbank.com.au/disclosures, by calling us on 13 25 85 to request a copy or by visiting a branch. ​

Calculator by Widget Works.

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