Interest-free deal calculator
Check whether an interest-free deal still stacks up once fees and the repayment schedule are included. It is helpful for seeing the real cost behind a seemingly simple offer.
- Monthly repayment needed to avoid interest at the end of the deal
- Application, monthly and annual fee treatment aligned to the MoneySmart model
- Statement guidance when longer deals may show a lower minimum repayment
Deal inputs
Start with the remaining balance, the months left on the deal, and any fees charged alongside the purchase.
Results
The target repayment below is the monthly amount required to clear the balance within the interest-free period and avoid interest.
This scenario assumes 12 months remaining on the deal and spreads any annual fees across that period for repayment planning.
The monthly target includes $4.95 in monthly or processing fees and $0.00 in annual-fee allocation each month.
Fee breakdown
| Amount financed | $2,500.00 |
|---|---|
| Application fee | $25.00 |
| Monthly fees over term | $59.40 |
| Annual fees over term | $0.00 |
How these estimates work
- This calculator assumes you will not make additional purchases on the card or account.
- Repayments are modeled monthly.
- Late fees and penalty interest are not included.
- Annual fees are charged for each commenced 12-month block within the remaining deal period.