Personal loan
calculator
Use our calculator to work out your
estimated monthly repayments.
How the personal loan calculator works

Use our personal loan calculator to estimate your personal loan monthly repayments.

You can simply:

  • Select the amount you want to borrow
  • Select the loan term which is the number of months you would be comfortable repaying the loan amount
  • Click <CALCULATE> and you will be shown your estimated monthly instalments

Note: The repayment amount is only an estimate and includes credit life insurance and service fees.

Calculate your monthly instalment for a personal loanThere are several factors to consider when choosing a personal loan, but loan amount is the most important. Along with loan term, the amount you borrow will determine your monthly instalments and the total cost of your loan. Use our simple personal loans repayment calculator to get an estimate of the monthly instalment of a loan of a certain size and term.

    Customers use the online calculator at their own discretion and accept that calculations are estimates. These estimates do not represent an offer, agreement, or final loan terms. Old Mutual Finance Namibia gives no warranty, express or implied, regarding the accuracy of such estimates and does not accept any liability for loss or damage of any kind whatsoever, which may result from the use and/or reliance of estimates provided by the calculator. All loans are subject to a full credit assessment.

    Old Mutual loan offerings are made available through Old Mutual Finance (Namibia) (Proprietary) Limited, a Licensed Microlender. Terms and conditions apply.

    Payment options range from 6 to 60 months. Interest is calculated monthly. Stamp duty and NAMFISA levy apply. The maximum interest rate is currently set at 21% annually.

Understanding the cost of a personal loan

Payment options range from 6 to 60 months
Representative example:

Loan amount: N$50,000.00
Stamp duty fee: N$5.00
NAMFISA levy fee: N$515.00
Total credit life charge: N$14,040.00
Interest charged: N$11,961.90
Total repayable: N$76,521.90
Loan term: 36 months
Monthly repayment: N$2,432.30

*The total amount payable can vary as a result of changes in interest rates

Understanding the cost of a personal loan