The table below gives the monthly repayment per R1 000 of a loan with an interest rate between 7% and 22% per annum, over a period of 5, 10, 15,20,25 or 30 years.
For example, if the loan is R100 000, at an interest rate of 11 % p.a. to be repaid over 20 years, the monthly repayment is:
R100 000 ÷ 1 000 x 10,32
= R1 032.00 per month
Interest % |
Years |
| |
5 |
10 |
15 |
20 |
25 |
30 |
| 7.00% |
19.80 |
11.61 |
8.99 |
7.75 |
7.07 |
6.65 |
| 7.25% |
19.92 |
11.74 |
9.13 |
7.90 |
7.23 |
6.82 |
| 7.50% |
20.04 |
11.87 |
9.27 |
8.06 |
7.39 |
6.99 |
| 7.75% |
20.16 |
12.00 |
9.41 |
8.21 |
7.55 |
7.16 |
| 8.00% |
20.28 |
12.13 |
9.56 |
8.36 |
7.72 |
7.34 |
| 8.25% |
20.40 |
12.27 |
9.70 |
8.52 |
7.88 |
7.51 |
| 8.50% |
20.52 |
12.40 |
9.85 |
8.68 |
8.05 |
7.69 |
| 8.75% |
20.64 |
12.53 |
9.99 |
8.84 |
8.22 |
7.87 |
| 9.00% |
20.76 |
12.67 |
10.14 |
9.00 |
8.39 |
8.05 |
| 9.25% |
20.88 |
12.80 |
10.29 |
9.16 |
8.56 |
8.23 |
| 9.50% |
21.00 |
12.94 |
10.44 |
9.32 |
8.74 |
8.41 |
| 9.75% |
21.12 |
13.08 |
10.59 |
9.49 |
8.91 |
8.59 |
| 10.00% |
21.25 |
13.22 |
10.75 |
9.65 |
9.09 |
8.78 |
| 10.25% |
21.37 |
13.35 |
10.90 |
9.82 |
9.26 |
8.96 |
| 10.50% |
21.49 |
13.49 |
11.05 |
9.98 |
9.44 |
9.15 |
| 10.75% |
21.62 |
13.63 |
11.21 |
10.15 |
9.62 |
9.33 |
| 11.00% |
21.74 |
13.78 |
11.37 |
10.32 |
9.80 |
9.52 |
| 11.25% |
21.87 |
13.92 |
11.52 |
10.49 |
9.98 |
9.71 |
| 11.50% |
21.99 |
14.06 |
11. 68 |
10.66 |
10.16 |
9.90 |
| 11.75% |
22.12 |
14.20 |
11.84 |
10.84 |
10.35 |
10.09 |
| 12.00% |
22.24 |
14.35 |
12.00 |
11.01 |
10.53 |
10.29 |
| 12.25% |
22.37 |
14.49 |
12.16 |
11.19 |
10.72 |
10.48 |
| 12.50% |
22.50 |
14.64 |
12.33 |
11.36 |
10.90 |
10.67 |
| 12.75% |
22.63 |
14.78 |
12.49 |
11.54 |
11.09 |
10.87 |
| 13.00% |
22.75 |
14.93 |
12.65 |
11.72 |
11.28 |
11.06 |
| 13.25% |
22.88 |
15.08 |
12.82 |
11.89 |
11.47 |
11.26 |
| 13.50% |
23.01 |
15.23 |
12.98 |
12.07 |
11.66 |
11.45 |
| 13.75% |
23.14 |
15.38 |
13.15 |
12.25 |
11.85 |
11.65 |
| 14.00% |
23.27 |
15.53 |
13.32 |
12.44 |
12.04 |
11.85 |
| 14.25% |
23.40 |
15.68 |
13.49 |
12.62 |
12.23 |
12.05 |
| 14.50% |
23.53 |
15.83 |
13.66 |
12.80 |
12.42 |
12.25 |
| 14.75% |
23.66 |
15.98 |
13.83 |
12.98 |
12.61 |
12.44 |
| 15.00% |
23.79 |
16.13 |
14.00 |
13.17 |
12.81 |
12.64 |
| 15.25% |
23.92 |
16.29 |
14.17 |
13.35 |
13.00 |
12.84 |
| 15.50% |
24.05 |
16.44 |
14.34 |
13.54 |
13.20 |
13.05 |
| 15.75% |
24.19 |
16.60 |
14.51 |
13.73 |
13.39 |
13.25 |
| 16.00% |
24.32 |
16.75 |
14.69 |
13.91 |
13.59 |
13.45 |
| 16.25% |
24.45 |
16.91 |
14.86 |
14.10 |
13.79 |
13.65 |
| 16.50% |
24.58 |
17.06 |
15.04 |
14.29 |
13.98 |
13.85 |
| 16.75% |
24.72 |
17.22 |
15.21 |
14.48 |
14.18 |
14.05 |
| 17.00% |
24.85 |
17.38 |
15.39 |
14.67 |
14.38 |
14.26 |
| 17.25% |
24.99 |
17.54 |
15.57 |
14.86 |
14.58 |
14.46 |
| 17.50% |
25.12 |
17.70 |
15.75 |
15.05 |
14.78 |
14.66 |
| 17.75% |
25.26 |
17.86 |
15.92 |
15.24 |
14.97 |
14.87 |
| 18.00% |
25.39 |
18.02 |
16.10 |
15.43 |
15.17 |
15.07 |
| 18.25% |
25.53 |
18.18 |
16.28 |
15.63 |
15.37 |
15.28 |
| 18.50% |
25.67 |
18.34 |
16.47 |
15.82 |
15.57 |
15.48 |
| 18.75% |
25.80 |
18.50 |
16.65 |
16.01 |
15.78 |
15.68 |
| 19.00% |
25.94 |
18.67 |
16.83 |
16.21 |
15.98 |
15.89 |
| 19.25% |
26.08 |
18.83 |
17.01 |
16.40 |
16.18 |
16.09 |
| 19.50% |
26.22 |
19.00 |
17.19 |
16.60 |
16.38 |
16.30 |
| 19.75% |
26.35 |
19.16 |
17.38 |
16.79 |
16.58 |
16.50 |
| 20.00% |
26.49 |
19.33 |
17.56 |
16.99 |
16.78 |
16.71 |
| 20.25% |
26.63 |
19.49 |
17.75 |
17.18 |
16.99 |
16.92 |
| 20.50% |
26.77 |
19.66 |
17.93 |
17.38 |
17.19 |
17.12 |
| 20.75% |
26.91 |
19.83 |
18.12 |
17.58 |
17.39 |
17.33 |
| 21.00% |
27.05 |
19.99 |
18.31 |
17.78 |
17.60 |
17.53 |
| 21.25% |
27.19 |
20.16 |
18.49 |
}7.97 |
17.80 |
17.74 |
| 21.50% |
27.34 |
20.33 |
18.68 |
18.17 |
18.00 |
17.95 |
| 21.75% |
27.48 |
20.50 |
18.87 |
18.37 |
18.21 |
18.15 |
| 22.00% |
27.62 |
20.67 |
19.06 |
18.57 |
18.41 |
18.36 |
|
