Calculate your wedding loan repayments instantly. Adjust the loan amount, interest rate, term, and repayment frequency to see what your repayments could look like.
| Frequency | Repayment | Total interest | Total cost |
|---|---|---|---|
| Weekly | $109.80 | $2,129 | $17,129 |
| Fortnightly | $219.77 | $2,142 | $17,142 |
| Monthly(selected) | $477.00 | $2,172 | $17,172 |
Switching from monthly to weekly repayments could save you $43 in interest over the life of this loan.
A smaller celebration — registry office, intimate venue, or backyard reception. A $12,000 loan over 2 years at 9% costs around $548/month with about $1,160 in total interest.
The typical Australian wedding with a sit-down reception, professional photographer, and DJ or band. A $30,000 loan over 4 years at 9% means repayments around $746/month.
Getting married overseas or interstate adds travel and accommodation costs for the couple and potentially key guests. Factor in flights, multi-night stays, and vendor deposits paid in advance.
If you have already saved part of the cost, you may only need to borrow the difference. Borrowing $8,000 instead of $20,000 cuts your interest bill significantly — try both amounts above to see the difference.
Lenders assess your ability to service the loan based on your income, existing debts, and living expenses. They want to see that repayments are affordable for you.
Your credit score and repayment history influence the rate you are offered. A stronger credit history generally means access to more competitive rates.
Wedding loans are standard unsecured personal loans. Most lenders accept wedding expenses as a valid loan purpose. Having a clear budget helps with the application.
Lenders prefer applicants with stable employment. Most look for at least 3-6 months in your current role, though some lenders are flexible for contractors and self-employed borrowers.
See personal loans from 50+ lenders and find a rate that works for your wedding budget.
Subject to lender approval, terms and conditions apply.
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Results are estimates only and should not be relied upon for financial decisions. Actual wedding loan repayments will depend on the lender, your credit profile, and the specific terms offered. Interest rates used are for illustration purposes only and may not reflect current market rates.
Subject to lender approval, terms and conditions apply.
This calculator is general information only and is not financial advice.