Free Education Loan Calculator for New Zealanders
For private course finance, postgraduate study, or upskilling outside the StudyLink Student Loan scheme. Rates are typically 10-15% unsecured, with deferred or graduated repayment options at some lenders.
Your loan
$18,000
$
12.50%
%
5 years
years
Repayment frequency
Your repayment
$185
every fortnight
Based on an $18,000 education loan at 12.50% over 5 years.
Loan amount$18,000
Total interest$6,000
Total paid back$24,000
About our Education Loan Calculator
Disclaimer: This calculator is for information only and does not constitute financial advice. Real-world figures may differ due to fees, rounding, rate changes, and policy specifics. Always confirm figures with the relevant provider before signing anything.