Loan Repayment Calculator

This loan repayment calculator will show you how much you will pay for a loan on a monthly basis, based on the amount, interest rate, and term of the loan.

What is a loan?

To help you with your present financial needs, lending institutions may offer you a loan. You may obtain a loan, for instance, to finance a trip overseas, cover wedding costs, or purchase furniture. A loan can be used for any personal necessity, including debt restructuring and medical bills.

You don’t have to give the lender any security or collateral because loans are unsecured.

How to use our loan repayment calculator

Simply input the loan amount you are looking at, use the slider to input your interest rate, and hit ‘calculate’. The calculated results will tell you how much you will pay monthly for your loan amount.

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Loan Amount

R

Interest Rate

( Min : 0 - Max : 30 ) 9

Loan Term

( Min : 1 - Max : 5 ) 2

Disclaimer: This calculator is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates, and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. AA Inform does not accept liability for any damages arising from the use of this calculator.