Back to Calculators
🏦
Loan Calculator
Calculate loan payments and interest costs
Loan Details
Total amount you want to borrow
Annual interest rate offered by lender
Number of years to repay the loan
Typical SA Rates
- • Commercial banks: 10-13% for agriculture
- • Land Bank: 8-11% for farming loans
- • Microfinance: 15-20% for small loans
Payment Summary
Enter loan details to calculate payments
💡 Loan Tips for Farmers
- Shop around - compare rates from multiple lenders including Land Bank
- Consider seasonal payment schedules aligned with harvest periods
- Make extra payments when possible to reduce interest costs
- Ensure loan terms align with crop production cycles
- Maintain good credit history for better rates on future loans
- Factor loan payments into your operating cost calculations