Personal loans

Personal loan calculator

Work out your repayments

Get a quick estimate of your repayments

Personal loan calculator

Get a quick estimate of what your repayments might be using Harmoney's personal loan calculator.

Disclaimer: This calculator provides an estimate only, and a comparison rate, based on the example information provided. Other fees, costs, government charges like stamp duty, and cost savings are not included in the comparison rate but may influence the cost of the loan. Rates, fees, and repayments may differ on application, based on a borrower’s individual credit assessment — see Interest rates and fees for details. This is not an offer, and applications are subject to terms and conditions, approval and funding.

Types of personal loans

Personal loans can be used for pretty much anything, so long as it’s legal. These are some of our most popular loan purposes.

make memories v3
debt free
unsecured car v3
personalised rates v8
wedding prepare v2
simplify v9
start now v2
stress less v6

Frequently asked questions

View more
What is my interest rate based on?

Your interest rate is based on many factors, but a key factor is called the probability of default, that is the risk of you not being able to pay back the loan. This is assessed on the following information that you have provided us:

  • Credit history
  • Financial behaviours
  • Demographic profile

Learn more about interest rates in New Zealand and interest rates in Australia.

What do I have to repay?

You have to pay back the total amount borrowed, including the Establishment fee.

You must also pay interest on the full loan amount. Interest is calculated by multiplying the unpaid loan balance by the annual interest rate.

The annual interest rate is fixed and specified in the loan offer. It is also confirmed in the loan disclosure. Interest is charged monthly.

If you do not repay the amount due by the due date, you will also have to pay additional fees as outlined in the links below:

If you have chosen to include Payment Protect in your loan (NZ only) you must also pay the Payment Protect fee.

Paying your loan off early

You are welcome to repay your loan earlier than the scheduled loan term without an early repayment penalty.

Check out these articles on how to increase your repayments, make additional payments or pay off your loan in full.

If I pay my loan off early how much interest will I pay?

Interest on your loan is calculated daily and applied monthly.

If you were to repay your loan back earlier there would be no early repayment fees and you would only need to pay the interest up until that day you pay the loan off.

Terms and conditions

1. Subject to approval and funding. Harmoney’s interest rates range from 6.99% p.a. to 24.69% p.a. and are offered based on the individual borrower’s credit assessment according to Harmoney’s credit scorecard. In order to be approved and list your loan you must meet Harmoney’s credit criteria and responsible lending requirements. Fees, charges, terms and conditions apply. 99% of loan applications are funded within 24 hours of loans terms being accepted (based on loans submitted in 2020).

2. Establishment fee of $200 for loans from $2,000 to below $5,000 and $450 for loans from $5,000 to $50,000. Fixed rates range from 6.99% p.a. to 24.69% p.a. on 36 to 60 month terms, with no early repayment penalties.