Loan Calculator

Calculate your monthly payment for mortgage, auto or home equity loans. This loan calculator assumes that the interest rate remains constant throughout the life of the loan. The calculations are done using a monthly reducing balance formula.

 Enter the details and click 'Calculate'.
Do not add the '$' sign, commas or full stops/periods in the Loan Principal box. So instead of '$25,000.00', enter '25000'.

Loan Principal:
Duration:
Rate of Interest:
Monthly Payments:
   
The results from the loan calculator should be used as an indicator only and is neither a quote nor a prequalification for a loan.

Current Loan Rates

Loan Type Loan Rate
Ordinary loan 1.25%
Vehicle loan 1.5% ($350,000 limit for private vehicles and $750,000 for commercial vehicles); negotiable at 1% for host company/payroll deduction
Mortgage loan (LT) 1% granted up to 60yrs of age ($1.5M residential mortgage, $3M commercial mortgage)
Debt consolidation 1.5% (must have shares of 50%-40% for host company)
Medical/Education loan 1% ($200,000 limit)
Fully secured loan 1%
Business loan 1.5%
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