Loan Calculator

Thank you for using our handy calculator.
Feel free to work out what the total monthly installment will be on your loan. The current prime interest rate is 11.25%.

Tips:

If you’re applying for a further loan, the amount you need to put in at “Loan Amount” wil be your First and New loan combined. Example: Current bond R1,000,000 + (new loan that you want to apply for) R250,000= R1,250,000.

If you’re applying for only a new loan because your house is paid off or a Further Loan at same Institution, you only put the amount that you want to borrow now.