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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 use the following table. Using the example below a R50,000 loan at an interest rate of 5% over a term of 10 years will cost R10.61 per month for every R1,000 borrowed. Therefore a R50,000 loan is calculated by multiplying 50 by R10.61. This equates to a monthly Repayment cost of R530.33 per month.

Years
Months
3.0%
3.5%
4.0%
4.5%
5.0%
5.5%
6.0%
6.5%
7.0%
7.5%
8.0%
5
60
17.97
18.20
18.42
18.65
18.88
19.11
19.34
19.57
19.81
20.04
20.28
8
96
11.73
11.96
12.19
12.43
12.66
12.90
13.15
13.39
13.64
13.89
14.14
10
120
9.66
9.86
10.13
10.37
10.61
10.86
11.11
11.36
11.62
11.88
12.14
12
144
8.28
8.52
8.76
9.01
9.25
9.51
9.76
10.02
10.29
10.56
10.83
15
180
6.91
7.15
7.40
7.65
7.91
8.18
8.44
8.72
8.99
9.28
9.56
20
240
5.55
5.80
6.06
6.33
6.60
6.88
7.17
7.46
7.76
8.06
8.37