Plan Your Loan with Confidence

Use our free, easy-to-use loan calculator to estimate your monthly payments and total repayment amount before you apply.

Transparent Pricing, Every Time

We believe in helping you make informed financial decisions. Our loan calculator provides a clear breakdown of your potential loan costs, so there are no surprises.

Instant Results

Get real-time calculations as you adjust parameters

No Hidden Fees

All costs are clearly displayed upfront

Compare Scenarios

Test different amounts and tenures

Budget Effectively

Plan your finances with accurate estimates

Calculate Your Loan Repayments

Adjust the sliders or enter your preferred loan amount and tenure to see your estimated monthly payment and total cost.

Loan Calculator

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Payment Summary

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Calculator Features
  • Instant Results - Real-time calculations as you adjust parameters
  • Multiple Products - Compare different loan types and terms
  • Budget Planning - Find the perfect repayment plan for your cash flow
  • No Obligation - Simply planning tool, no commitment required

Why Use Our Loan Calculator?

Planning your finances is easier when you know exactly what to expect. Our calculator helps you:

Budget Effectively

Understand your monthly obligations

Compare Options

See how different amounts and tenures affect your payments

Save Time

Get instant estimates without paperwork

Make Informed Decisions

Choose the loan that best fits your financial capacity

Common Loan Scenarios

See how our calculator works with real-life examples:

Personal Loan

  • Amount: ₦500,000
  • Tenure: 6 months
  • Interest: 4% monthly
  • Monthly Payment: ₦93,333
  • Total Payback: ₦560,000

Business Loan

  • Amount: ₦2,000,000
  • Tenure: 12 months
  • Interest: 4% monthly
  • Monthly Payment: ₦246,667
  • Total Payback: ₦2,960,000

Gadget Loan

  • Amount: ₦300,000
  • Tenure: 3 months
  • Interest: 4% flat
  • Monthly Payment: ₦104,000
  • Total Payback: ₦312,000

Frequently Asked Questions

Is the calculator result the final loan approval?

No, the calculator provides estimates only. Final approval depends on your application review and verification.

Are the interest rates fixed?

Yes, our interest rates are fixed and transparent. The rate depends on the loan product you choose.

Can I apply for a loan directly from the calculator?

Yes! Simply click the "Apply for This Loan" button after calculating your preferred option.

Does using the calculator affect my credit score?

No, using the calculator is completely free and does not impact your credit history.

Ready to Get Started?

Now that you've planned your finances, take the next step towards achieving your goals.

Apply for a Loan Now Contact Our Loan Experts

*Disclaimer: The calculations provided by this tool are estimates only and do not constitute a loan offer or guarantee of approval. Actual loan terms may vary based on individual credit assessment and verification. Interest rates and terms are subject to change based on Credit Stars Limited's current policies.