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Loan Calculator

Loans are easier to repay when you plan properly. Set a loan amount and your preferred repayment time below to see the estimated amount you’ll repay monthly if you take a Kuda Loan.

Calculate Repayment
₦
₦0
₦100,000
₦250,000

Total Repayment

₦127,000.00

If you take a loan of ₦100,000.00 at a monthly interest rate of 9%, you'll repay ₦42,333.00 monthly for 1 month.

This repayment amount is an estimate. You'll get an exact amount when you apply for a loan. Terms and Conditions apply.

Principal

₦100,000.00

Interest

₦27,000.00

Monthly repayment

₦42,333.00

Monthly Interest

9%

Number of Repayments

1

Loan Calculator FAQs

How do I use the loan calculator?
Just set the amount you’d like to borrow and how long you’d like to borrow for. The calculator will show you the interest rate, the actual amount of interest you’ll pay, and your monthly repayment for the duration of the loan.
Why should I use a loan calculator?
A loan calculator makes it easy for you to see how much you’ll repay if you take a loan. This will help you to compare loans at different interest rates, decide if you should take a loan or not, and plan your finances so you can repay a loan conveniently.

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It only takes a few minutes to start enjoying free benefits. Download Kuda on Google Play or the App Store.

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Products may vary by country or market.

Contact

help@kuda.com

Lagos

1-11 Commercial Avenue, Yaba, Lagos,
Nigeria

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5 New Street Square,
London, EC4A 3TW,
United Kingdom

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146 Campground Road,
Snakepit Building, Level 4, Newlands, Cape Town

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3080 Yonge Street,
Suite 6060, Toronto,
Ontario M4N 3N1

© 2025 Kuda Technologies Ltd (Company No.11472232). All rights reserved.

If you would like to find out more about which Kuda entity you receive services from, please reach out to us via the in-app chat in the Kuda app. Nigerian banking services offered by Kuda Microfinance Bank (RC796975) with registered address at 1-11 Commercial Avenue, Yaba, Lagos, Nigeria. Kuda Microfinance Bank is licensed by the Central Bank of Nigeria. Deposits are insured by the Nigerian Deposit Insurance Corporation (NDIC).

UK services are offered by Kuda EMI Ltd (Company No. 13724208) with registered address at 5 New Street Square, London, EC4A 3TW, United Kingdom.

Canada services will be provided by Kuda Canada Technologies Limited, an Ontario corporation registered under number 1000286176, with its registered address located at 3080 Yonge Street, Suite 6060, Toronto, Ontario M4N 3N1. Kuda Canada Technologies Limited is duly registered with The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a money service business, bearing registration number M23163015.

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