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Repayment Table

To calculate the cost of the loan you require simply enter the details below and click on calculate

Total Monthly Repayment: R

Finance Rate Table

Monthly repayments per R1000 borrowed (Repayment Loan)

Alternatively you can to use the following table. Using the example below a R50,000 loan at an interest rate of 8% over a term of 10 years will cost R12.13 per month for every R1,000 borrowed. Therefore a R50,000 loan is calculated by multiplying 50 by R12.13. This equates to a monthly Repayment cost of R606.5 per month.

Years
Months
6.0%
6.5%
7.0%
7.5%
8.0%
8.5%
9.0%
9.5%
10.0%
10.5%
11.0%
5
60
19.33
19.57
19.80
20.04
20.28
20.52
20.76
21.00
21.25
21.49
21.74
8
96
13.14
13.39
13.63
13.88
14.14
14.39
14.65
14.91
15.17
15.44
15.71
10
120
11.10
11.35
11.61
11.87
12.13
12.40
12.67
12.94
13.22
13.49
13.78
12
144
9.76
10.02
10.28
10.55
10.82
11.10
11.38
11.66
11.95
12.24
12.54
15
180
8.44
8.71
8.99
9.27
9.56
9.85
10.14
10.44
10.75
11.05
11.37
20
240
7.16
7.46
7.75
8.06
8.36
8.68
9.00
9.32
9.65
9.98
10.32