Business Line of Credit Calculator in Australia

Using this business line of credit calculator is simple. Just follow these steps to see a full repayment breakdown tailored to your loan:

1. Enter your loan amount

Type in the amount you plan to draw from your line of credit.
This calculator only works on the amount you borrow, not your total credit limit.

2. Enter your interest rate
Add your annual interest rate.
Remember: with a line of credit, interest is charged only on the funds you draw, not on the entire credit facility.

3. Choose your loan term (in months)
Select how long you want to repay your drawn amount.
Most business line of credit terms range between 1–36 months, and you can adjust this anytime to compare repayment scenarios.

4. Select your repayment frequency
Choose whether you want to calculate monthly or weekly repayments — both are common depending on the lender.

5. Click “See my repayment schedule”
Instantly view the full repayment breakdown, including:

• Your periodic repayment (monthly or weekly)
• A detailed amortisation schedule
• Interest charged per period
• Principal repaid each period
• Your remaining balance after each payment
• A yearly overview summarising total payments, principal repaid, and interest paid

Extra tools included

1. Export CSV — download your full repayment schedule
2. Copy Link — share or save your exact calculation settings
3. Mobile card view — easy-to-read repayment blocks on small screens
4. Automatic table view on tablets and desktops