Debt Repayment CalculatorUse our debt repayment calculator
to find out when you'll be debt-free!
Debt repayment calculator A debt repayment calculator helps you calculate when you will be debt free based on how much you still owe, the interest rate charged and your current monthly payment. By changing your monthly repayments, you could be free of debt sooner.


Whilst the debt calculator intends to cater for multiple scenarios and every effort has been made to ensure the accuracy of this calculator, the results should be used as an indication only. This calculator may not be suitable for persons with a more complex debt scenario.

Things you should know about getting a personal loan

Some recommended reading to help you understand loans, credit and credit scores.

    The use of the online calculator is discretionary and calculations are estimates. Old Mutual Finance gives no warranty, express or implied, as to the accuracy of such estimates and does not accept any liability for loss or damage of any nature whatsoever, which may result from the use and/or reliance of estimates provided by the calculator. All loans are subject to a full credit assessment.

    Old Mutual loan offerings are made available through Old Mutual Finance (RF) (Pty) Ltd, a Licensed Financial Services and Registered Credit Provider (NCRCP35)

    Payment options range from 3 to 72 months. Interest calculated monthly. A once-off initiation and admin fees apply. The maximum interest rate is 24.5% annually. Representative Example: Credit of R5,000 borrowed for 3 months. Total interest payable over loan period: R291.09. Once off initiation fee: R649.75. Monthly admin fee R69. Total Amount Payable: R6,147.84.