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Personal Loan Repayment Calculator

Free tool for South African traders

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Personal Loan Repayment Calculator
Monthly instalment, total cost and the true annual cost including fees
The NCA caps unsecured credit at the repo rate plus 21%.
NCA cap: 15% of the first R1,000 plus 10% above, max R1,050 plus VAT (R1,207.50). Usually added to the loan.
NCA cap R60 plus VAT.
Often compulsory on unsecured loans; you may bring your own policy.

Illustrative. Lenders set rates within the National Credit Act caps based on your profile, fees are capped but vary, and credit life insurance is priced per lender. Compare the total cost of credit on your quotes, which lenders must disclose. Not financial advice.

↗ Calculation Result
Calculation Breakdown
Full transparency on how this result was calculated.
Capital gain, tax owed, and net proceeds
Calculator by TradeAnswers Free SA trading calculators Educational tool for South African traders. Not financial advice. Trading involves risk of loss.