Before you apply for a personal loan, it pays to understand exactly what your repayments will be and what the loan will cost in total. This guide walks you through using the Breezy loan calculator step by step, explains what each output means, and shows you how to use the results to make a confident borrowing decision.
Adjust the sliders to instantly model your loan scenario. All results update in real time. No sign-up required and no impact on your credit file.
Estimates based on Breezy standard rates and fees. Actual amounts confirmed in your loan contract.
Follow these five steps to get the most out of the Breezy loan calculator and arrive at a confident borrowing decision before you apply.
Drag the loan amount slider to the figure you are considering borrowing, anywhere from $2,100 to $70,000. The calculator automatically assigns the correct interest rate based on which tier your amount falls into. You will see the rate update immediately in the rate display below the slider.
Drag the term slider to your preferred repayment period between 4 and 24 months. Watch how the monthly repayment changes as you adjust the term. A shorter term produces a higher monthly repayment but a lower total interest cost. A longer term reduces each individual repayment but increases the total interest paid over the life of the loan.
Do not focus only on the monthly repayment. Review all five figures the calculator produces: the monthly repayment, the establishment fee, the total monthly fees, the total interest, and most importantly the total amount payable. The total amount payable is the single most useful figure — it tells you exactly how much you will have paid by the time the loan is fully settled.
Model at least two or three scenarios before settling on your final loan parameters. For example, compare a $10,000 loan over 12 months against the same amount over 18 months. Then compare both against a $15,000 loan at the lower rate tier. The small amount of time spent comparing scenarios can result in a meaningfully lower total cost of borrowing.
Once you have found a loan amount and term where the monthly repayment fits comfortably within your regular budget, proceed to the online application. Remember that the calculator provides estimates — your confirmed repayment amount, interest rate, and all fees will be set out precisely in your loan contract before you sign and are not charged until you choose to proceed.
The calculator produces five distinct figures. Here is a plain-language explanation of what each one represents and how to use it.
The estimated amount you pay each month covering the principal and interest components only. This figure is calculated using the standard reducing balance formula. The monthly fee is a separate charge on top of this figure but is included in the total amount payable.
The one-time fee of 20% of the loan amount charged at commencement. It does not change regardless of the term you choose, because it is based on the loan amount not the term. A $10,000 loan always carries a $2,000 establishment fee.
The combined total of all monthly fees charged over the full loan term. Calculated as 4% of the loan amount per month multiplied by the number of months in the term. This figure increases with longer terms because more monthly fees are charged.
The total interest charged over all repayment periods. This is calculated on the reducing balance — as you repay principal each month, the interest charge for the next period is calculated on a smaller outstanding amount. Both the term and the interest rate affect this figure.
The most important figure. This is the sum of the principal, all interest, the establishment fee, and all monthly fees — everything you will pay from the first repayment to the last. Use this figure when comparing two different loan scenarios to determine which option actually costs less.
These pre-calculated scenarios represent common borrowing situations. Use them as a starting point and then adjust the calculator above for your specific numbers.
Illustrative Figures: All scenario figures above are estimates based on standard Breezy interest rates and fees. Actual repayment amounts depend on your specific circumstances and are confirmed in your loan contract before signing. The monthly repayment shown is the principal and interest component. The monthly fee is charged separately but is included in the total amount payable.
The calculator gives you clarity before you commit. When the scenario fits your budget, apply online in minutes and receive a decision within 60 minutes during business hours.
Apply NowBreezy Loans Pty Ltd holds Australian Credit Licence 389610. The loan calculator on this page provides illustrative estimates only. Actual repayment amounts, interest charges, and fees are confirmed in your loan contract prior to signing. Interest rates: 39.9% p.a. for loans from $2,100 to $4,999, 34.9% p.a. for loans from $5,000 to $14,999, and 29.9% p.a. for loans from $15,000 to $70,000. All rates are fixed for the full loan term. Establishment fee 20% of approved loan amount. Monthly fee 4% of original loan amount per month. Dishonour fee $27.50. No early repayment fee. Loan amounts from $2,100 to $70,000. Terms from 4 to 24 months. Credit subject to approval. This information is general in nature and does not constitute financial advice.