Personal Loan Calculator

This personal loan 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 personal loan?

To help you with your present financial needs, lending institutions may offer you a personal loan. You may obtain a personal loan, for instance, to finance a trip overseas, cover wedding costs, or purchase furniture. A personal 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 personal loans are unsecured.

How to use our personal loan 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 give you an indication on how much the repayment will be.

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.