Work out your monthly repayment in seconds on personal, business and debt consolidation loans right across Canada — free, instant and with no sign-up.
Any amount up to 10 million at a fixed 7% p.a.
Maximum loan amount: 10,000,000
| C$53,727.09Total repayable | C$3,727.09Total interest (7% p.a.) |
Estimate only — subject to eligibility, affordability and verification.
A quick way to understand what a loan really costs before you apply — no personal details required.
1 Enter your amountChoose your currency and type in exactly how much you’d like to borrow — any amount up to 10 million. | 2 Choose your termSet your repayment period in months or years. Your interest rate is fixed at 7% per annum, so there are no surprises. | 3 Review your estimateInstantly see your monthly repayment, total interest and full cost of credit — then apply when you’re ready. |
Loan Assure loans are repaid on an amortising basis — you pay a fixed amount each month that covers both the interest charged for that period and a portion of the original loan (the principal). In the early months, more of your payment goes toward interest; over time, more goes toward paying down the balance until the loan reaches zero at the end of the term.
Your monthly repayment is worked out with the standard amortisation formula:
For example, a C$50,000 loan at 7% per annum over 24 months works out to roughly C$2,239 per month, with about C$3,729 in total interest — a total cost of credit of about C$53,729. Change any figure in the calculator above and every result recalculates instantly, so you can compare scenarios before you commit.
Use these as a starting point in the calculator. Your actual offer is based on affordability, credit profile and verification.
Personal LoansC$5,000 – C$250,000 Flexible funds for life’s planned and unplanned moments, repaid in fixed monthly instalments. | Business LoansC$20,000 – C$500,000+ Working capital and growth funding structured around your business cash flow. | Debt ConsolidationC$10,000 – C$350,000 Combine multiple debts into one predictable monthly repayment with a clear payoff date. |
Compare terms, not just monthly amountsA longer term lowers the monthly figure but usually raises the total interest you pay overall. | Keep an eye on the total cost of creditThe headline monthly figure matters, but the full amount repayable tells the real story. |
Only borrow what you can comfortably repayA repayment that fits your budget protects your credit health and your peace of mind. | Match the term to the purposeShorter terms for everyday needs, longer terms for larger projects — and pay less interest where you can. |
Illustration only. Adjust the figures in the calculator above to match your own plans.
Enter your loan amount and a repayment term — the interest rate is fixed at 7% per annum — and the calculator instantly estimates your monthly repayment, the number of payments, the total interest and the full amount repayable. It uses the standard amortisation formula and updates in real time as you adjust any figure.
Repayments are calculated on an amortising basis using your loan amount (principal), your monthly interest rate and the number of payments. Each instalment covers the interest for that month plus a portion of the principal, so the balance reduces to zero by the end of the term.
Yes. The calculator works for any Loan Assure product — personal, business, debt consolidation and short-term loans. Just enter the amount and term that fit your goal — the rate is fixed at 7% per annum.
It supports the Canadian Dollar (C$), US Dollar ($) and South African Rand (R). Choose your currency from the dropdown and every figure reformats instantly.
No. The calculator is a free, private estimation tool — it requires no sign-up or personal details, so it has no effect on your credit score.
No. Results are indicative only and do not constitute a quote or an offer of credit. Your final rate, fees and repayment are confirmed after a responsible affordability assessment and verification. Loan Assure lends responsibly and never promises guaranteed approval.
Yes. This calculator uses a fixed rate of 7% per annum, in line with Loan Assure personal loans from 7% p.a. Your final confirmed rate depends on your product, term and profile and is set after a responsible affordability assessment.
PrincipalThe original amount you borrow, before any interest is added. | Interest rate (p.a.)The yearly cost of borrowing, shown as a percentage per annum. | Loan termHow long you take to repay, in months or years. |
Monthly repaymentThe fixed amount you pay each month across the loan term. | Total interestThe sum of all interest you pay over the life of the loan. | Total cost of creditThe full amount repayable — your principal plus total interest. |
Apply online in minutes. Our team will review your details and get back to you with responsible, transparent options.
The Loan Assure repayment calculator is provided for general information and illustration purposes only. Results are estimates based on the figures you enter and do not constitute a quote, an approval, or an offer of credit. Actual interest rates, fees and repayments are determined after an affordability assessment and verification checks, and will vary according to your individual circumstances and applicable regulations in your country. Loan Assure (Pty) is committed to responsible, transparent lending. Explore our loan products, learn more about us, check the 2026 CPP payment dates if you’re planning around pension income, or contact our team to apply.