South African business loan calculator

This simple business loan calculator helps you understand the cost of your loan. See monthly interest & repayment amounts, as well as total interest & cost.
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Your loan details

R
months
%

This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.

Your results

Monthly payments

R-

Avg. monthly interest

R-

Total interest

R-

Total cost of finance

R-

Borrow R

What is a business loan calculator?

A business loan calculator is an online tool designed to help business owners estimate their monthly loan payments and overall loan costs. The calculator takes into account various factors, such as the loan amount, interest rate, repayment term, and fees, to provide a detailed breakdown of the loan’s cost.

How do I use a business loan calculator?

To use our business loan calculator, you simply need to input the loan amount, the interest rate, and the repayment term.

The calculator will then generate your results, which will show you how much you will need to pay each month, the average monthly interest and the total amount you will pay over the life of the loan.

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Disclaimer: Swoop Finance helps South African firms access business finance, working directly with businesses and their trusted advisors. We are a credit broker and do not provide loans or other finance products ourselves. We can introduce you to a panel of lenders, equity funds and grant agencies. Whichever lender you choose we may receive commission from them (either a fixed fee of fixed % of the amount you receive) and different lenders pay different rates. For certain lenders, we do have influence over the interest rate, and this can impact the amount you pay under the agreement. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. Swoop Finance can introduce applicants to a number of providers based on the applicants’ circumstances and creditworthiness. Swoop Finance (Pty) Ltd is registered with CIPC in South Africa (company number 2023/820661/07, registered address 21 Dreyer Street, Cape Town, South Africa, 7708).

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