Calculate how to finance medical procedures, dental work, or health expenses with a personal loan
Updated October 2026Built and checked by MaverickHow it's calculatedReport an error
Net loan needed
$8,000
after $0 contributions
Monthly repayment
$369
over 2 years
Total interest
$860
cost of borrowing
Total loan cost
$8,860
principal + interest
What you contribute up front, and what's left to borrow. The smaller the loan, the less interest you pay.
Shorter terms mean higher repayments but less interest. The highlighted bar is your chosen term.
The repayment at rates up to 2 points either side of yours.
Interest is the cost of having the money now instead of saving for it first.
Paying for dental work, surgery or IVF with a personal loan? This works out the repayments and the total interest, so you can weigh it against a payment plan with the provider, your health cover or your savings.
As of 7 November 2026, the lowest personal loan rate is 5.80%, from Plenti Personal Loan, while the typical best across 68 institutions is 7.96%.
John needs $12,000 of dental work. His insurer covers $2,000 and he has $2,000 saved; the rest at 10% over 2 years.
He'd borrow $8,000: $369 a month and $860 of interest. Ask the practice about payment plans and check what each option costs in fees.
Sarah and Tom are budgeting $15,000 for a cycle with $5,000 saved, borrowing the rest at 10% over 3 years.
A $10,000 loan costs $323 a month and $1,616 of interest. Check the Medicare rebates and safety net that apply before working out the final amount.