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Payday loan calculator

How much a payday loan will really cost you

Page reading time: 10 minutes

Helps you work out:

Before you take out a payday loan:


  • This is a model, not a prediction. Amounts are estimates only, actual amounts may be higher or lower.
  • Results are based on information you have provided and do not take your personal circumstances into account.
  • It is not intended to be your sole source of information when making a financial decision. You may wish to consider getting advice from a licensed finance professional.
  • Using this calculator does not guarantee you will be eligible for a loan. You will need to satisfy your lender's lending criteria.


  • Fees do not change for the life of the loan.
  • Monthly fees are assumed to apply for each commenced month, for example, if you borrow an amount of money for 70 days you will pay three times the monthly fee.
  • The maximum Establishment fee your lender is allowed to charge is 20% of the amount borrowed. The maximum monthly fee your lender is allowed to charge is 4% of the amount borrowed each month.