Using the calculator is straight forward. User enters a "loan amount", "number of months", "annual interest rate". The calculator calculates the number of monthly payments.
The "Payment Method" determines when the first payment is due. With the default selection, "End-of-Period", the first payment will be due one month after the loan is made. If "Start-of-Period" is selected, then the first payment will be due on the loan date.
The term (duration) of the loan is expressed as a number of months.
- 60 months = 5 years
- 120 months = 10 years
- 180 months = 15 years
- 240 months = 20 years
- 360 months = 30 years
Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://financial-calculators.com/loan-calculator
Currency and Date Conventions
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.
WHY CHOOSE US?
At Nyumba Regulated Non-WDT Sacco Society Ltd, we are bound by shared values that drive our purpose:
Service Excellence
Our success is directly linked to operation excellence. We are wired to roll up our sleeves and serve. We seek to understand our membership needs and priorities and we proactively share ideas and news.
Quality & Integrity
Integrity is the cornerstone of our foundation and at the core of our leadership. We endeavor to successfully inspire our team action, values, and principles.
Accountability
We take up the role model for accountability and nurture a caring mindset across our whole organization. Being answerable to our membership for all our actions and results is what makes the real difference for us.
Nyumba Regulated Non-WDT Sacco Society Ltd has always been at hand to give support for my financial needs in the form of instant and long-term loans. Above all I will ever remember Nyumba for aiding me finish my house when I acquired a loan. I now live comfortably in the house after my retirement.
Hello, Am happy to part of Nyumba Regulated Non-WDT Sacco Society Ltd, It has really changed my life and even helped me invest in a business of greenhouse which I have received returns miraculously.
*Join the team and experience quality of service that is beyond your expectation