The Revolving Loan Calculator
Loan terms
- Minimum loan amount: $5,000
- Maximum loan amount: $15,000
- Repayment period: up to 6 months
- Interest rate: 1%
- This loan can have a 3-month or a 5-month moratorium. See the example below:
- 3-Month Moratorium Amortization
| Loan Amount | $15,000 | Month | Principle payment | Interest payment |
| 1 | 0 | 150 | ||
| 2 | 0 | 150 | ||
| 3 | 0 | 150 | ||
| 4 | 4950.33 | 150 | ||
| 5 | 4999.83 | 100.5 | ||
| 6 | 5049.84 | 50.5 |
- 5-Month Moratorium Amortization
| Loan Amount | $15,000 | Month | Principle payment | Interest payment |
| 1 | 0 | 150 | ||
| 2 | 0 | 150 | ||
| 3 | 0 | 150 | ||
| 4 | 0 | 150 | ||
| 5 | 0 | 150 | ||
| 6 | 15000 | 150 |
Note: The calculators are intended as a guide only based on the information you input. The results should not be considered approval for a loan. To find out exact amounts you should speak to us. The repayment amounts and total interest calculations exclude any fees and charges that may be charged to your loan which, if they apply, will add to the cost of loan. Other fees and charges also apply. Conditions apply to all loan options. Interest rates and repayment amounts are subject to change. Applications for a mortgage loan are subject to approval and satisfactory security. Full terms and conditions will be in our loan offer.
