Loan Payment Calculator

Calculate monthly payments for any fixed-term loan with optional fees and extra payments

Loan Details

Loan Amount

Interest Rate (%)

Term (months)

Monthly Admin Fee

Optional lender service fee (e.g. R69/mo)

Extra Monthly Payment

Additional amount to pay off faster

Monthly Instalment

Total Monthly Cost

Total Interest

Total Paid

Total Admin Fees

Payoff In

// Extra Payments

Even a small extra monthly payment can dramatically reduce total interest and shorten your loan. The earlier you start, the bigger the impact.

// Admin Fees

Many lenders charge a monthly administration fee on top of your instalment. In South Africa this is NCA-regulated (around R69/mo). Factor this into your true monthly cost.

// Fixed vs Variable

This calculator assumes a fixed interest rate. Variable rate loans may change over time — recalculate periodically to stay on track.