▪️Loan Calculator

This tool is designed to help you estimate your total repayment amount for a loan based on various input parameters.

Loan Term Calculator

Repayment Frequency: Choose how often you plan to make payments

Interest Method: Select the method you prefer for calculating interest—flat or declining balance.

Calculate: Click this button to generate the repayment schedule.

Loan Eligibility Calculator

This feature helps institutions check if a client qualifies for a loan by automatically calculating eligibility based on salary, deductions, and government rules. It ensures loan deductions do not exceed 60% of gross salary, leaving at least 40% take-home pay. The calculator also allows comparison of repayment terms (12, 18, or 24 months), gives instant alerts for non-compliant loans, and restricts access to authorized staff only.

This feature mainly applies to government employees, where salary breakdowns are necessary.