The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.

E.g. For a loan of K1,000 at 10% for 12 months. You would enter 1000 in the loan amount, 12 in the loan lenght in months, and 10 in the interest rate. Then click calculate to get your repayment amount for each month.