Gold loan EMI calculator
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A gold loan is secured, fast and short, and it is priced almost entirely on the collateral rather than on you — which is why it is available to borrowers no other lender will serve. The risk sits in the opposite place from a mortgage: miss payments and the asset is auctioned quickly, with very little process.
What this product looks like
| Typical rate | 8.5% – 18% |
|---|---|
| Typical term | 0–3 years |
| Maximum loan-to-value | 75% |
| Prepayment charge | None |
| Interest usually deductible | No |
A worked example
A $250,000 Gold loan at a typical 11% over 2 years:
| Monthly instalment | $11,652 |
|---|---|
| Total interest | $29,647 |
| Total repaid | $279,647 |
| Income needed | $23,304 |
What to watch
The loan-to-value ceiling of 75% is enforced continuously, not just at the start. If the gold price falls, the lender can ask for a top-up or sell the collateral — a margin call most borrowers do not realise they have agreed to.
Questions
How much can I borrow against gold?
Up to 75% of the assessed value of the gold, usually within a day. Unlike other loans, income is largely irrelevant to the decision.
What happens if the gold price falls?
The loan-to-value ratio rises above the ceiling, and the lender can demand a part-payment or additional collateral. If neither arrives, the gold is sold — typically faster than any other secured loan is enforced.
Is a gold loan cheaper than a personal loan?
Usually, because it is secured: typically 8.5% to 18% against considerably more unsecured. The trade-off is the speed with which the collateral can be taken.
Rate bands and lending rules on this page were last reviewed on 2026-10-23 and are indicative, not offers. The arithmetic is produced by the same code the calculator runs. Confirm the terms with your own lender before committing; nothing here is financial advice.