Early loan settlement calculator

Estimate the interest saved by an extra payment.

Interest saved
R7 012
Term shorter by
7 months

Under the National Credit Act you may settle a credit agreement early. Check your agreement for any settlement notice period or early settlement charge. This is an estimate. The lender’s pre-agreement quote states the exact interest, initiation fee and service fee.

Lenders to compare

Subject to affordability assessment and approval by the lender.

LoanRadar is a comparison service, not a lender or credit provider. We may earn a fee when you apply through our links. Approval and final cost are set by the lender after an affordability assessment.

Kredio

NCRCP24149 Lends R3 000
Up to
R8 000
Term
Check on lender’s site
Interest
Check on lender’s site

Subject to affordability assessment and approval by the lender.

Creditbar

NCRCP23238 Lends R3 000
Up to
R5 000
Term
7–61 days
Interest
Check on lender’s site

Subject to affordability assessment and approval by the lender.

Crediflow

NCRCP23582 Lends R3 000
Up to
R8 000
Term
Check on lender’s site
Interest
Check on lender’s site

Subject to affordability assessment and approval by the lender.

Crediwise

NCRCP22496
Up to
Check on lender’s site
Term
Check on lender’s site
Interest
Check on lender’s site

Subject to affordability assessment and approval by the lender.

A detailed guide for this page is being prepared by the LoanRadar editorial team.

Calculators