A personal loan can help you pay for that renovation, holiday, wedding or other major expense. It could also be used as a tool for consolidating your numerous credit card debts.
No matter what your purpose is, the right personal loan should get you what you need without sending you hurtling towards a budgetary black hole. To ensure this, you want to make sure the benefits you’re getting from the personal loan aren’t outweighed by the loan’s costs - namely, interest and fees.
Savings.com.au’s personal loan calculator can assist you there. Among other things, it can help you calculate:
- What your personal loan repaymentss might be
- What the total cost of the loan might be
- How much you could save with a lower-rate personal loan
- How much you could save with a shorter personal loan term
Picking out the right personal loan from the many on offer may seem overwhelming, but with Savings.com.au’s personal loan calculator handy, this should become much easier.