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Solar loan calculator

Estimate the monthly repayment on a solar, battery or whole-home energy upgrade loan. Slide the amount, pick a term, and see the total cost — no email, no phone call, no credit check.

Loan amount
$24,000
~ Monthly
$350
$2,000$50,000
Loan term
Rate
5.99% p.a.
Setup fee
$0
Total repayable
$29,441

Estimate only, not a credit offer. Repayments shown at 5.99% p.a. fixed over 7 years.

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Repayments at a glance

Monthly repayment by loan amount and term at 5.99% p.a.
Loan amount5 years7 years10 years
$6,000$116$88$67
$10,000$193$146$111
$15,000$290$219$166
$24,000$464$350$266
$35,000$676$511$388
$50,000$966$730$555

Calculated at 5.99% p.a. fixed, no fees. Indicative only — not a credit offer.

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Calculator FAQs

How is the repayment calculated?

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We use the standard amortised loan formula: the monthly repayment that clears the principal and interest evenly over the chosen term, at a fixed annual rate of 5.99% p.a. with no fees included.

Is this a quote?

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No. It's an estimate for planning only, not a credit offer. Your personalised rate depends on the lender, loan amount, term, security and your circumstances.

Should I choose a shorter or longer term?

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A shorter term means a higher monthly repayment but noticeably less total interest. A longer term lowers the monthly figure, which helps if you want the repayment to sit under your expected bill saving.