Loan Calculator
Calculate your potential loan costs and monthly repayments for private lending.
$50K$5M
0.5%5%
(24.0% per annum)
1 month24 months
Note: This calculator provides estimates only. Actual rates and terms vary by lender, loan type, security, and individual circumstances.
Estimated Costs
Monthly Interest Payment
$10,000
Interest-only repayment
Total Interest Cost
$120,000
Over 12 months
Total Repayment
$620,000
Principal + interest
Understanding Private Lending Costs
Private lending typically uses monthly interest rates ranging from 0.8% to 3% per month (approximately 10-36% per annum). The rate you receive depends on several factors:
- Security value and loan-to-value ratio (LVR)
- Loan term and repayment structure
- Property location and type
- Borrower experience and financial position
- Urgency and complexity of the deal
Most private loans are interest-only with the principal repaid at the end of the term. Some lenders may offer principal and interest repayments or capitalized interest options.