Loan Input Parameters
R
R10kR3MR5MR8MR10M
%
5%6%13%19%25%
130
R
R0R250kR500kR750kR1M
Loan Calculation Results
Loan Summary
Monthly Payment
R 9,983.80
Principal + Interest
Total Repayment
R 2,396,111.73
Over 240 months
Total Interest
R 1,396,111.73
139.6% of loan amount
Loan Amount:R 1,000,000.00
Deposit:R 0.00
Amount Financed:R 1,000,000.00
Effective Annual Rate:10.50%
Adjust any value to unlock advanced payment analysis options
Student Loan Repayment Information
Student loans in South Africa typically have grace periods and may offer income-driven repayment options. Use our calculator to plan your monthly budget after graduation.
Typical Ranges
Typical student loan amounts range from R50,000 to R500,000 with interest rates between 8% and 15%.
What You Can Calculate:
- NSFAS loan repayment calculations
- Bank student loan monthly payments
- Private education financing repayments