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This is a tool used to calculate the expected monthly repayment on a new loan. It is dependent on the personal loan amount applied for.

This method of interest calculation is called ‘Amortization’.

It is determined by the following aspects:

  • Requested amount
  • Interest rate
  • No. of installments
  • Payment start date
  • Payment end date


Disclaimer: Owing to different factors such as interest rate, loan charges and loan period, calculations may not be exact.


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