Personal Loan Calculator

(Calculate Your Monthly Payments)

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Loan Term in Years

Loan Amount

Annual Interest Rate (%)

Monthly Payment

Total Payment

Interest rates on personal loans in Zambia typically range from 10% to 28%. For qualified borrowers, rates can be as low as 7%.
The loan term can vary from a few months to several years, depending on the loan amount and your ability to repay.
Your monthly payment is calculated based on the loan amount (principal), interest rate, and loan term.
The total cost of your loan includes both the principal amount and the total interest paid over the loan term.
Most lenders in Zambia follow the 28/36 rule - your monthly loan payment shouldn't exceed 28% of your monthly income.
Consider all fees and charges when taking a loan, including processing fees and insurance requirements.

Personal Loans: Unsecured loans for personal use with interest rates from 10-28%
Business Loans: For business purposes, often requiring collateral
Mobile Money Loans: Quick, short-term loans through mobile money providers
Bank Loans: Traditional loans from banks with competitive rates
Microfinance Loans: Small loans for individuals and small businesses