Understanding repayments
The regular repayment matters. So does everything around it.
One number on the page. Three things behind it.
Compare the same amount and term. A smaller regular repayment doesn’t automatically mean a cheaper loan.
- Amount borrowed
- Interest over the term
- Fees and charges
The total you repay
The short version.
Want a hand? Our team can explain what applies to your next step.
Call 0434 293 892Start with what fits.
Think about your regular expenses and the room you need for unexpected costs. A lender’s maximum offer is not a spending target.
Compare like for like.
Use the same amount and term when comparing options. Look at interest, fees, total repayments and any early repayment conditions.
Check the final payment.
If a balloon payment is included, part of the amount is due at the end. Understand that obligation and its effect on the total interest before deciding.
General information only. For an independent resource, see Moneysmart’s personal loan calculator.
Repayment estimator. Example only.
See how the loan term changes the regular repayment and the total interest. You choose the example rate. It isn’t a Naevia or lender rate, and the result isn’t a quote.
Estimated monthly repayment
$531
- Total interest
- $6,871
- Total repaid
- $31,871
Estimate only. This uses the example rate you enter, monthly repayments and no fees. Real loans include fees and charges, and rates depend on the lender and your circumstances. It is not a quote, an offer or an indication that you’ll be approved. For an independent check, use Moneysmart’s calculator.
You pick the dream. We do the rest.
Five quick questions. Then a real conversation with the team, and the costs explained before you decide anything.