See the monthly repayment, total interest and total cost of financing dental or implant treatment.
Use this to see what borrowing for dental work really costs, whether through a personal loan, a dental finance product offered at the practice, or a credit card balance you plan to clear over time.
Formula: a standard level-repayment (amortising) loan with monthly compounding. Fees entered are added to the total paid, not borrowed.
Worked example (illustrative): $6,000 at 14% p.a. over 2 years gives a repayment of about $288 a month and roughly $914 in interest; with $300 of fees the treatment costs about $7,214 in total, about 20% more than paying up front.
Interest-free plans: if a provider offers an interest-free plan, enter 0% and put all fees (establishment, monthly account and late fees you might realistically incur) into the fee box. Interest-free plans can still cost money through fees, and some charge interest if the balance is not cleared in time.
Limits: this is not a credit offer. Rates depend on the lender and your credit history. Read the credit guide and key fact sheet, and check the lender holds an Australian credit licence on ASIC's professional register. See paying for dental implants.
Worked estimates and checklists
How Australians pay for large dental bills, the true cost of payment plans and loans, how early release of super on compassionate grounds works, and what to watch for.
