Free Financial Calculators

Know the real numbers
before you decide

Loan repayments, savings growth, insurance premiums, hidden bank charges — calculated accurately for the Nigerian market.

5 calculatorsNigerian rates & feesAlways free

Loan Repayment

Savings Growth

Car Insurance

Bank Charges

Salary Advance

Loan Repayment Calculator

True cost of any Nigerian loan

Loan Amount

₦

₦10k₦5M

Monthly Interest Rate — 2.5%

0.5%10%

Carbon 2%FairMoney 2.5%Renmoney 2.8%PalmCredit 5%

Loan Duration — 12 months

1 mo36 mo

Processing Fee — 2.0%

0%5%

Monthly Payment

₦48,744

for 12 months

Loan amount₦500,000

Processing fee (2.0%)₦10,000

Total interest₦84,923

Total repayment₦594,923

Effective APR34.5%

You pay back extra₦94,923

The cheapest FCCPC-approved lenders charge from 2% monthly. Anything above 5%/month means you're paying over 79% APR — higher than most credit cards.