Financial tools
Get instant estimates of your repayments, check what you can afford, and compare products before you apply.
Cost Breakdown
Amortisation Schedule
| # | Principal | Interest | Fees | Total | Balance |
|---|---|---|---|---|---|
| 1 | R 1,617.65 | R 150.00 | R 69.00 | R 1,836.65 | R 3,382.35 |
| 2 | R 1,666.18 | R 101.47 | R 69.00 | R 1,836.65 | R 1,716.17 |
| 3 | R 1,716.17 | R 51.49 | R 69.00 | R 1,836.66 | R 0.00 |
This page has three free tools that give instant, indicative estimates from the figures you enter. Nothing is submitted and no credit check is run. Use them to plan before you start a formal application, where the real numbers are confirmed.
Enter a loan amount, term and interest rate. It returns an estimated monthly instalment and the total amount repaid over the term, using reducing-balance interest.
Enter your monthly income and expenses. It shows an indicative view of what you may be able to repay, so you can choose a realistic amount before applying.
Compare how different amounts, terms or interest structures change the instalment and total cost, so you can weigh the trade-off between a lower instalment and a longer term.
For example, take a R20,000 personal loan over 24 months. The repayment calculator applies reducing-balance interest and shows an estimated monthly instalment plus the total you would repay. Lengthening the term to 36 months lowers the monthly instalment but raises the total interest paid. Any figures are illustrative: the rate you are offered is set during your affordability assessment and may differ.
Calculator FAQ
No. The results are indicative estimates to help you plan. They are not an offer, a quote or a credit agreement. Your final amount, rate, term and fees are set during a full NCA affordability assessment.
No. The calculators run in your browser using the figures you enter. They do not run a credit-bureau enquiry and do not affect your credit record.
Flat-rate interest is charged on the original amount for the full term, common on short micro loans. Reducing-balance interest is charged on the outstanding balance, so it falls as you repay; Ndzinga personal loans use reducing balance.
It compares the income and expenses you enter to give an indicative view of what you may be able to repay. A formal application still applies the full NCA affordability assessment, including income and expense verification.
The estimate uses the figures and assumptions you enter. Your actual instalment depends on the approved amount, term, interest rate and fees set after document verification and the affordability assessment.
The calculators show core interest and instalment estimates. Statutory and product fees, and any optional credit-life cover, are disclosed in your pre-agreement statement before you sign.
Important Disclosure
All calculations are estimates for illustration purposes only. Final loan terms, interest rates, fees, and monthly instalments are subject to a full credit and affordability assessment. Ndzinga Capital is a registered credit provider in terms of the National Credit Act (NCR Reg: NCRCP22127).
