Select your loan type and adjust the sliders to estimate your repayments. Rates from 8.99% p.a. One application. No credit score impact from our check.
Calculator uses an indicative rate of 12.95% p.a. by default. Actual rates range from 8.99%–29.95% p.a. (AIR) and depend on your credit profile and lender criteria. Calculator is a guide only.
Calculator uses an indicative rate of 12.95% p.a. by default. Actual rates range from 8.99%–29.95% p.a. (AIR). Broker fee of up to $1,500 applies on successful funding. Calculator is a guide only.
Calculator is a guide only. Actual rates range from 8.99%–29.95% p.a. (AIR). Broker fee of up to $1,500 on successful funding. Credit cards in NZ typically charge 20%–28% p.a.
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We also offer home renovation, travel, medical, boat & jetski, visa holder, secured and business loans. Apply once and we'll match you to the right lender.
Figures are indicative only and based on a flat rate of 12.95% p.a. with no fees included. Use the calculator above for a more tailored estimate.
| Loan amount | 12 months | 24 months | 36 months | 48 months | 60 months | 72 months |
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Based on 12.95% p.a. (AIR). Actual repayments will vary depending on your rate, lender fees and loan start date. Apply to get your actual rate.
Whatever you need the money for, we match you to the right NZ lender at the right rate.
From $3,000 to $250,000 for any purpose. Fast assessment, rates from 8.99% p.a.
Learn more →New or used vehicles. Specialist vehicle lenders, rates from 8.99% p.a.
Learn more →Roll multiple debts into one lower-rate loan. Simplify repayments and potentially save on interest.
Learn more →Finance your renovation without touching your mortgage. Secured and unsecured options available.
Learn more →Finance new or used boats, jetskis, trailers and motors. Dealer and private sales accepted.
Learn more →Cover elective surgery, dental work, fertility treatment and urgent medical costs at competitive rates.
Learn more →Finance your holiday, honeymoon or family adventure with a fixed-rate personal loan.
Learn more →Open and employer-specific work visas accepted. Minimum 13 months remaining required.
Learn more →Use an asset as security to access larger loan amounts or better rates from our NZ lending panel.
Learn more →Working capital, equipment finance or growth funding from $5,000 to $500,000.
Learn more →Apply once and we will match you to the right lender for your situation.
Apply nowSelect your loan type using the tabs above, then adjust the sliders to match your situation. The calculator updates in real time to show your estimated monthly repayment, total interest, and total repayable amount. For car loans, you can enter a deposit to reduce the loan amount. For debt consolidation, enter your current average interest rate to see how much you could save by consolidating at a lower rate.
All calculations use a default rate of 12.95% p.a. Your actual rate will depend on your credit profile, income, and the lender you are matched to. Rates range from 8.99% to 29.95% p.a. (AIR).
In New Zealand, personal loan interest rates typically range from around 8.99% p.a. to 29.95% p.a. depending on the lender and your credit profile. As a general guide:
The best way to find out what rate you qualify for is to apply. Lending Room runs a soft credit check that does not affect your score and matches you to the lender most likely to offer you a competitive rate from our panel of 20+ NZ lenders.
Car loan rates in NZ follow a similar range to personal loans, but a few additional factors affect the rate you are offered. New vehicles from licensed dealers typically attract lower rates than older used vehicles or private sales. Electric vehicles may qualify for specialist EV lending products. Secured car loans — where the lender holds an interest in the vehicle — generally attract lower rates than unsecured lending.
Dealer finance is convenient but you are typically only offered one rate from one lender. Applying through a broker like Lending Room gives you access to multiple lenders in one application, which increases the chance of finding a more competitive rate.
A longer loan term reduces your monthly repayment but significantly increases the total interest you pay. On a $15,000 loan at 12.95% p.a., choosing a 72-month term over a 36-month term roughly doubles the total interest paid. Use the repayment table above or the term slider in the calculator to compare total repayment across different terms before you decide.
If you can comfortably afford a higher monthly repayment, a shorter term will almost always save you money overall. The total repayment figure in the calculator — not just the monthly amount — is the number to focus on.
This calculator uses standard amortisation to calculate repayments, which is how most NZ lenders calculate personal and car loan repayments. The figures are indicative only. Your actual repayment will vary depending on the exact rate offered, any lender establishment fees, and the loan start date. Use the calculator to get a ballpark figure, then apply to see your actual rate and repayment with no credit score impact.
The calculator defaults to 12.95% p.a., which is an indicative mid-range rate. If you have a strong credit history you may be offered a rate closer to 8.99% p.a. If your credit is fair, something between 15% and 20% p.a. may be more representative. Adjust the slider to model different scenarios before you apply.
The monthly repayment and total repayment figures are based on interest only. For car loans, the breakdown shows an estimated broker fee of up to $1,500, but this is not included in the monthly repayment figure as fees vary by lender. Your actual total cost of credit will be disclosed in full before you commit to anything.
Apply through Lending Room. We run a soft credit check that does not affect your score and match you to the lender on our panel most likely to offer you a competitive rate. The application takes about 5 minutes and there is no obligation to proceed.
AIR stands for Annual Interest Rate — the base interest rate applied to your loan balance. The comparison rate includes fees and charges to give a more complete picture of the total loan cost. Always ask for the comparison rate when comparing loan options so you are comparing like for like.
Using this calculator has no impact on your credit score. Applying through Lending Room involves a soft credit check, which also does not affect your score. Only once we match you to a lender and you choose to proceed may a hard check be run by that lender as part of their own assessment process. We let you know before we submit.
Same-day funding is possible for applications approved before 12pm on business days. Most applicants hear back from our team the same day they apply. Funding timeframes depend on the lender and how quickly supporting documents are provided.
A broker and introducer fee of up to $1,500 applies when your loan is successfully funded. This fee is added to your loan amount and is GST inclusive. It is disclosed clearly before you commit to anything and you are never under obligation to proceed. Lender establishment fees may also apply depending on the lender.
