Division 7A Calculator
Calculate minimum yearly repayments for a Division 7A complying loan.
Minimum Yearly Repayment
$0.00
Minimum Monthly Repayment$0.00
Loan Term7 years
Total Interest$0.00
Total Admin Fees$0.00
Total Repayment (incl. fees)$0.00
Year-by-Year Repayment Schedule
| Year | Payment | Principal | Interest | Admin Fee | Balance |
|---|
Important Compliance Note
- The minimum yearly repayment must be made by the company's lodgment day.
- A complying Division 7A loan agreement must be signed before the company lodges its tax return for the year the loan was made — agreements signed later don't qualify.
- Only a registered mortgage over real property qualifies a loan for the 25-year secured term — a personal guarantee or charge over other assets does not.
- Failure to make minimum repayments results in the shortfall being treated as an unfranked dividend.
- Interest must be charged at or above the ATO benchmark rate for that income year.