BNPL True-Cost Calculator
What fees add to a plan that is advertised as interest-free.
Interest-free is not the same as free. Add the purchase price, how many instalments, and every fee the plan charges. The gap between the cash price and what you pay is the true extra cost, even when the advertised rate is 0%.
You pay
A $240.00 purchase with $12.00 in fees costs $252.00, or $63.00 across 4 instalments.
Each instalment
$63.00
Extra over the price
$12.00
Extra as a share of price
5%
The plan can still say interest-free. The fee is the cost.
Calculations happen in your browser.
Worked example
A $240 purchase in 4 instalments with $12 of fees costs $252, so each instalment is $63. The extra $12 is 5% of the price, even when the plan says interest-free.
FAQ
- Why call out interest-free?
- The advertised rate can be 0% while a fee still increases what you pay. The fee is the cost.
- Is the extra an interest rate?
- It is the fees as a share of the purchase price. It is not a comparison rate and it does not annualise the timing of the instalments.
- What if the fee is zero?
- You pay the purchase price, split by the number of instalments. There is no extra cost on these inputs.