Loan Repayment Calculator (Weekly)
Important: This calculator provides an indicative estimate only and does not constitute an offer of credit.
Estimates assume interest accrues daily on the outstanding balance using a 365-day year (APR/365), with equal weekly repayments. The $2.50 weekly account service fee is charged separately and is not included in the financed balance (no interest applies to that fee). Your actual interest rate will depend on your individual circumstances and our suitability and affordability assessment. Additional fees may apply in some cases (for example, PPSR or other verification costs).
Loan Repayment Calculator for Workers and Employers
Use our loan repayment calculator to estimate weekly repayments for short-term worker and migrant lending in New Zealand. This calculator is designed to provide transparency around costs, repayments, and interest under a daily reducing balance structure.
Our lending supports trades workers, migrant workers, recruitment agencies, and employers who require responsible short-term finance aligned with real-world pay cycles.
How This Loan Calculator Works
This calculator provides an indicative estimate only and is designed to reflect how UNO Society loans are structured in practice.
It assumes:
Daily reducing interest calculated on a 365-day year
Equal weekly repayments over the selected loan term
Fees added in line with our standard loan structure
The calculator allows you to adjust:
Loan amount
Loan term (in weeks)
Interest rate (within our typical rate range)
What Is Included in the Calculation
What Is Included in the Calculation:
Loan Amount
The amount you wish to borrow before fees.
Fees Added to the Loan
The following fees are added to the financed amount:
$200 admin fee
$16.50 credit check fee
These fees are included in the total financed balance and repaid over the loan term.
Interest
Interest is calculated:
On a daily reducing balance
Using a 365-day year
With repayments made weekly
The default interest rate shown is 19.95% p.a., which represents the midpoint of our typical rate range (14.95%–24.95%). Your actual rate will depend on your individual circumstances.
Weekly Account Service Fee
A $2.50 weekly account service fee applies for the duration of the loan and is shown separately to ensure transparency.
Estimated Results You Will See
Based on your inputs, the calculator will display:
Total financed amount (loan + financed fees)
Estimated weekly repayment (excluding service fee)
Weekly account service fee
Estimated total weekly payment
Estimated total repayable over the loan term
Estimated total interest charged
These figures are provided to help you understand the structure of the loan before applying.
Important Information and Disclosures
This calculator provides an indicative estimate only and does not constitute an offer of credit.
All lending by UNO Society is subject to:
Affordability and suitability assessments
Verification of income and employment
Compliance with New Zealand’s consumer credit legislation
Your final loan terms may differ from the calculator results. Additional fees may apply in some cases, such as PPSR or other verification costs, depending on the nature of the loan.
Ready to Apply or Want More Information?
If you’re ready to apply, you can submit an application online in minutes.
If you’re a recruitment agency or employer looking to support workers, we’re happy to discuss how our lending solutions can reduce financial friction without adding balance-sheet risk.
Apply Now or contact UNO Society to learn more.