Before approaching a lender try to work out exactly how much you need to borrow and for how long. Often the longer the term of a loan, the lower the interest you pay, but, it may be cheaper to repay the loan quicker at a slightly higher rate, use the table below to help work out what you need:
| Do you know.... |
If not, then.... |
| how much you need to borrow? |
Obtain quotations and estimates for the item(s) you want the loan for |
| how much the loan will cost overall including interest? |
Use our loan repayment calculator to work out the total cost of your loan using different interest rates |
| how long you need to pay the loan back? |
Use our calculator to work out how long it might take to repay your loan |
| how much you can afford each week, fortnight or month to repay the loan? |
Use our loan calculator to work out what your repayments might be |
