Calculator
Loan repayment calculator
See exactly what a loan would cost you before you apply. Results update instantly as you change any input.
Loan details
Adjust the inputs to see your estimated repayment update instantly.
₦500,000
₦50,000 – ₦3,000,000
6 months
Rate set by Vicade Global for this product.
Estimated monthly repayment
₦89,583
6 payments · first payment 23 September 2026
- Principal
- ₦500,000
- Interest
- ₦37,500
- Processing fee (1.5%)
- ₦7,500
- Total repayment
- ₦537,500
Repayment schedule
| # | Due date | Amount | Balance |
|---|---|---|---|
| 1 | 23/09/2026 | ₦89,583 | ₦447,917 |
| 2 | 23/10/2026 | ₦89,583 | ₦358,333 |
| 3 | 23/11/2026 | ₦89,583 | ₦268,750 |
| 4 | 23/12/2026 | ₦89,583 | ₦179,167 |
| 5 | 23/01/2027 | ₦89,583 | ₦89,583 |
| 6 | 23/02/2027 | ₦89,583 | ₦0 |
Calculator results are estimates and do not constitute a loan offer. Final loan terms are subject to approval.
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