Skip to main content

Free Loan Repayment Calculator South Africa

Calculate monthly repayments for personal loans, bonds, car loans & business loans. Features bond repayment calculator with extra payments and student loan repayment options.

What are your loan details?

R
%
Prime: 10.5% · peaked 11.75% (May 2023) · SARB
R

What will your repayment be?

Monthly Repayment

R 9 983,80

per month

Total Interest

R 1 396 111,73

Total Cost

R 2 396 111,73

Loan Details

Loan Amount:R 1 000 000,00
Deposit:R 0,00
Amount Financed:R 1 000 000,00
Repayment Term:240 months
Annual Interest Rate:10.50%

Loan Payment Schedule Chart

How much does this loan really cost you?

Estimated maximums under the National Credit Act — your actual lender's fees may be lower.

Advanced Analysis Tools

Important Note About Interest Rates
Our calculations assume the interest rate remains constant throughout the loan term. For variable rate loans (like most bonds), your actual monthly payments may change if interest rates rise or fall during your loan period.

This is an estimate only, not financial or tax advice, and we are not a financial services provider (FSP). Your actual figures depend on your lender or provider, and your personal circumstances. Results do not constitute a credit quote or an offer of credit — please consult a qualified financial advisor or contact your bank directly before making financial decisions.

How do these repayment numbers break down?

R1 234 goes to your loan (12%)
R8 750 goes to the bank (88%)

Total interest paid by term

Loading rate guidance…

Frequently Asked Questions