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Loan Calculator
Calculate your monthly payments and see how much you'll pay in total interest over the life of your loan.
Loan Details
R10,000 R5,000,000
%
0% 30%
1 year 30 years
Monthly Payment
R2 124,70
for 60 months (5 years)
Payment Summary
Loan Amount R100 000,00
Total Interest R27 482,27
Interest as % of Principal 27.48%
Total Payment R127 482,27
Payment Breakdown
Principal R100 000,00
Interest R27 482,27
Tip: A lower interest rate or shorter loan term can significantly reduce the total amount you pay in interest. Consider making extra payments when possible to reduce your principal faster.