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Trying to determine whether or not you should prepay your loan or invest the amount instead and keep servicing the loan? This tool will help you make a decision
Loan amount (
R
s
)
Repayment period (years)
Monthly installment (
R
s
)
Interest calculation
Annual
Monthly
Installments paid
Advance installments paid
Prepayment charges (%)
The Investment Option
Tenure of investment (years)
Interest earned (%)
Compounding frequency
Simple
Annually
Semi-annually
Quarterly
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Clear
Result : -
Total loan remaining is (
R
s
)
is better
By doing so you may save (
R
s
)
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