$15,000 Personal Loan Repayments
What a $15,000 personal loan costs each month, fortnight and week at rates from 9% to 15%, over one to seven years.
$15,000 personal loan: monthly repayments by rate and term
| Term | 9% | 11% | 13% | 15% |
|---|---|---|---|---|
| 1 year | $1,312 | $1,326 | $1,340 | $1,354 |
| 2 years | $685 | $699 | $713 | $727 |
| 3 years | $477 | $491 | $505 | $520 |
| 4 years | $373 | $388 | $402 | $417 |
| 5 years | $311 | $326 | $341 | $357 |
| 6 years | $270 | $286 | $301 | $317 |
| 7 years | $241 | $257 | $273 | $289 |
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 | $741 | $909 | $1,077 | $1,246 |
| 2 years | $1,447 | $1,779 | $2,115 | $2,455 |
| 3 years | $2,172 | $2,679 | $3,195 | $3,719 |
| 4 years | $2,917 | $3,609 | $4,316 | $5,038 |
| 5 years | $3,683 | $4,568 | $5,478 | $6,411 |
| 6 years | $4,468 | $5,557 | $6,680 | $7,837 |
| 7 years | $5,272 | $6,574 | $7,922 | $9,314 |
What this loan really costs
At 11% over five years, a $15,000 loan costs $4,568 in interest, so you'd repay $19,568 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 · $10,000 · $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 $15,000 personal loan?
At 11% over five years, about $326 a month, $150 a fortnight or $75 a week, before fees. At 9% it's $311 a month, and at 15% it's $357.
How much interest will I pay on a $15,000 loan?
About $4,568 over five years at 11%. Over three years it drops to $2,679, and over seven years it rises to $6,574.
What income do I need for a $15,000 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 $326 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.