Free tools for Australian family loans
Family Loan Calculators Australia
Plan repayments in Australian dollars, compare a sensible interest rate and work through whether money is genuinely a gift or a loan.
Choose a calculator ↓Three free tools for family money decisions
Use one calculator on its own or compare all three before agreeing how much will be repaid, when it will be repaid and whether repayment is expected at all.
Family Loan Calculator
Calculate weekly, fortnightly or monthly repayments, total interest, payoff date and a full repayment schedule in AUD.
Calculate repayments →02Choose a rateMinimum Interest Rate
Answer “what is the minimum interest I can charge?” and compare 0% with a rate that suits this family loan.
Compare interest rates →03Choose the structureGift vs Loan
Work through repayment intent, written terms and practical Australian tax questions before calling the money a gift or a loan.
Compare gift vs loan →Start with the question
Which calculator should I use?
Start with the outcome you need. Each tool keeps one decision clear instead of asking you to solve everything at once.
Use the Family Loan Calculator for amount, rate, term and repayment frequency.
Use the Minimum Interest Rate tool to compare 0% and a chosen rate.
Use the Gift vs Loan Calculator to clarify whether repayment is genuinely expected.
Australian family loan calculator FAQs
Plain-English answers for planning money between people who know each other.
What does an Australian family loan calculator show?
It estimates repayments from the amount, annual interest rate, term and payment frequency. Chipkie also shows total interest, total repaid, payoff date and a full schedule.
Is there a minimum interest rate for a family loan in Australia?
For an ordinary private loan between family or friends, there is no single Australian government rate that must always be charged. The parties may agree on 0% or another rate.
Can an Australian family loan be interest-free?
Yes, an ordinary private family loan can be documented at 0%. Different rules can apply when a private company lends to a shareholder or associate.
Does interest from a family loan need to be declared?
Interest received by the lender is generally interest income. The ATO says interest received or credited from Australian sources should be declared.
When can Division 7A matter?
Division 7A can matter when a private company provides a payment or loan to a shareholder or an associate. It is not the general rule for every private family loan.
What is the difference between a gift and a loan?
A gift carries no genuine expectation of repayment. A loan does, and is clearer when the amount, repayment plan and any interest are recorded.
Ready to turn the numbers into a plan?
Set up and track a family loan for free. Add a written Chipkie Loan Contract only when the arrangement needs one.