$10,000 Personal Loan Repayments
What a $10,000 personal loan costs each month, fortnight and week at rates from 9% to 15%, over one to seven years.
$10,000 personal loan: monthly repayments by rate and term
| Term | 9% | 11% | 13% | 15% |
|---|---|---|---|---|
| 1 year | $875 | $884 | $893 | $903 |
| 2 years | $457 | $466 | $475 | $485 |
| 3 years | $318 | $327 | $337 | $347 |
| 4 years | $249 | $258 | $268 | $278 |
| 5 years | $208 | $217 | $228 | $238 |
| 6 years | $180 | $190 | $201 | $211 |
| 7 years | $161 | $171 | $182 | $193 |
Total interest you'd pay
A shorter loan has higher repayments, but you pay far less interest overall.
| Term | 9% | 11% | 13% | 15% |
|---|---|---|---|---|
| 1 year | $494 | $606 | $718 | $831 |
| 2 years | $964 | $1,186 | $1,410 | $1,637 |
| 3 years | $1,448 | $1,786 | $2,130 | $2,480 |
| 4 years | $1,945 | $2,406 | $2,877 | $3,359 |
| 5 years | $2,455 | $3,045 | $3,652 | $4,274 |
| 6 years | $2,978 | $3,705 | $4,453 | $5,224 |
| 7 years | $3,515 | $4,383 | $5,281 | $6,209 |
What this loan really costs
At 11% over five years, a $10,000 loan costs $3,045 in interest, so you'd repay $13,045 altogether. Fees aren't included here. A $250 establishment fee and a monthly account fee can add noticeably to the cost, which is why lenders must show a comparison rate. The personal loan calculator includes fees and shows the effective rate.
Other loan amounts
$5,000 · $15,000 · $20,000 · $25,000 · all amounts
Principal and interest repayments at a fixed rate, before fees. Estimates only. Your lender's rate depends on your credit history, income and whether the loan is secured.
Frequently asked questions
What are the repayments on a $10,000 personal loan?
At 11% over five years, about $217 a month, $100 a fortnight or $50 a week, before fees. At 9% it's $208 a month, and at 15% it's $238.
How much interest will I pay on a $10,000 loan?
About $3,045 over five years at 11%. Over three years it drops to $1,786, and over seven years it rises to $4,383.
What income do I need for a $10,000 personal loan?
Lenders look at your whole budget, not a set income. As a rough guide, keep all your debt repayments well under a third of your take-home pay. The $217 monthly repayment at 11% over five years is easier to manage on a longer term, but costs more in interest.
Last reviewed October 2026. Estimates for general information only, based on 2026–27 rates. Check important figures with the relevant government agency or a licensed professional.