Loan Calculator
See exactly what your loan will cost. Adjust the amount and term to find a repayment plan that works for you.
Repayment Schedule
| Month | Opening Balance | Interest | Payment | Closing Balance |
|---|---|---|---|---|
| 1 | R 3,000.00 | R 150.00 | R 1,101.63 | R 2,048.37 |
| 2 | R 2,048.37 | R 102.42 | R 1,101.63 | R 1,049.17 |
| 3 | R 1,049.17 | R 52.46 | R 1,101.63 | R 0.00 |
* This schedule shows principal and interest only. The initiation fee (R 495.00) is a once-off charge and the monthly service fee (R 69.00) is added to each instalment. Actual amounts may vary based on your credit assessment.