Amortization Calculator

See how your interest rate changes between months with our free amortization calculator.

Monthly Payment: R0.00

Amortization Schedule

Month Payment Principal Interest Remaining Balance

I used to just log in to the banking app to see how much interest got charge last month, whether it’s gone up or down depending on the repo changes that happen in the country.

Check the example below for my bond or mortgage, this calculator will show you exactly how much principal vs interest you’re paying every month – not motivating of course when you realize only paid R178 toward your principal amount from your R6,428.83 installment.

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