{"id":121,"date":"2026-05-05T00:27:49","date_gmt":"2026-05-05T00:27:49","guid":{"rendered":"https:\/\/isokovibe.com.ng\/tools\/?page_id=121"},"modified":"2026-05-05T00:27:50","modified_gmt":"2026-05-05T00:27:50","slug":"loan-repayment-calculator","status":"publish","type":"page","link":"https:\/\/isokovibe.com.ng\/tools\/loan-repayment-calculator\/","title":{"rendered":"Loan Repayment Calculator"},"content":{"rendered":"\n<div class=\"isokovibe-tool-wrap\">\n  <h2 class=\"isokovibe-tool-title\">Loan Repayment Calculator<\/h2>\n  <p class=\"isokovibe-tool-desc\">\n    Calculate your monthly loan repayment easily by entering the loan amount, interest rate, and duration.\n  <\/p>\n\n  <div class=\"isokovibe-tool-box\">\n    <label class=\"isokovibe-label\">Loan Amount (\u20a6)<\/label>\n    <input type=\"number\" id=\"isoLoanAmount\" class=\"isokovibe-input\" placeholder=\"Example: 100000\" \/>\n\n    <label class=\"isokovibe-label\">Annual Interest Rate (%)<\/label>\n    <input type=\"number\" id=\"isoInterestRate\" class=\"isokovibe-input\" placeholder=\"Example: 10\" \/>\n\n    <label class=\"isokovibe-label\">Loan Duration (Months)<\/label>\n    <input type=\"number\" id=\"isoMonths\" class=\"isokovibe-input\" placeholder=\"Example: 12\" \/>\n\n    <button id=\"isoCalcLoanBtn\" class=\"isokovibe-btn\">Calculate Repayment<\/button>\n\n    <div id=\"isoLoanResult\" class=\"isokovibe-result\" style=\"display:none;\">\n      <h3 style=\"margin-top:0;\">Repayment Details<\/h3>\n\n      <p><strong>Monthly Payment:<\/strong> \u20a6<span id=\"isoMonthlyPay\"><\/span><\/p>\n      <p><strong>Total Repayment:<\/strong> \u20a6<span id=\"isoTotalPay\"><\/span><\/p>\n      <p><strong>Total Interest:<\/strong> \u20a6<span id=\"isoTotalInterest\"><\/span><\/p>\n\n      <button id=\"isoCopyLoanBtn\" class=\"isokovibe-btn alt\" type=\"button\">Copy Result<\/button>\n    <\/div>\n\n    <div id=\"isoErrorBox\" class=\"isokovibe-error\" style=\"display:none;\"><\/div>\n  <\/div>\n<\/div>\n\n<style>\n  .isokovibe-tool-wrap {\n    max-width: 750px;\n    margin: 20px auto;\n    padding: 20px;\n    background: #ffffff;\n    border-radius: 14px;\n    border: 1px solid #eee;\n    font-family: Arial, sans-serif;\n  }\n\n  .isokovibe-tool-title {\n    margin: 0 0 8px 0;\n    font-size: 24px;\n  }\n\n  .isokovibe-tool-desc {\n    margin: 0 0 18px 0;\n    font-size: 15px;\n    color: #444;\n    line-height: 1.5;\n  }\n\n  .isokovibe-label {\n    display: block;\n    margin-top: 12px;\n    margin-bottom: 6px;\n    font-weight: bold;\n    font-size: 14px;\n  }\n\n  .isokovibe-input {\n    width: 100%;\n    padding: 12px;\n    border-radius: 10px;\n    border: 1px solid #ccc;\n    font-size: 15px;\n    box-sizing: border-box;\n  }\n\n  .isokovibe-btn {\n    display: inline-block;\n    width: 100%;\n    margin-top: 16px;\n    padding: 13px;\n    background: #0b8457;\n    color: #fff;\n    border: none;\n    border-radius: 10px;\n    font-size: 15px;\n    cursor: pointer;\n  }\n\n  .isokovibe-btn:hover {\n    opacity: 0.9;\n  }\n\n  .isokovibe-btn.alt {\n    background: #222;\n  }\n\n  .isokovibe-result {\n    margin-top: 18px;\n    padding: 15px;\n    border-radius: 12px;\n    border: 1px solid #d9f2e6;\n    background: #f2fff9;\n  }\n\n  .isokovibe-error {\n    margin-top: 15px;\n    padding: 12px;\n    background: #ffe3e3;\n    border: 1px solid #ff0000;\n    color: #b30000;\n    border-radius: 10px;\n    font-size: 14px;\n  }\n<\/style>\n\n<script>\n  (function () {\n    const amountEl = document.getElementById(\"isoLoanAmount\");\n    const rateEl = document.getElementById(\"isoInterestRate\");\n    const monthsEl = document.getElementById(\"isoMonths\");\n\n    const calcBtn = document.getElementById(\"isoCalcLoanBtn\");\n\n    const resultBox = document.getElementById(\"isoLoanResult\");\n    const errorBox = document.getElementById(\"isoErrorBox\");\n\n    const monthlyEl = document.getElementById(\"isoMonthlyPay\");\n    const totalEl = document.getElementById(\"isoTotalPay\");\n    const interestEl = document.getElementById(\"isoTotalInterest\");\n\n    const copyBtn = document.getElementById(\"isoCopyLoanBtn\");\n\n    function showError(msg) {\n      errorBox.style.display = \"block\";\n      errorBox.innerText = msg;\n    }\n\n    function hideError() {\n      errorBox.style.display = \"none\";\n      errorBox.innerText = \"\";\n    }\n\n    function calculateLoan(amount, rate, months) {\n      const monthlyRate = rate \/ 100 \/ 12;\n\n      const monthlyPayment =\n        (amount * monthlyRate) \/\n        (1 - Math.pow(1 + monthlyRate, -months));\n\n      const totalPayment = monthlyPayment * months;\n      const totalInterest = totalPayment - amount;\n\n      return {\n        monthlyPayment: monthlyPayment.toFixed(2),\n        totalPayment: totalPayment.toFixed(2),\n        totalInterest: totalInterest.toFixed(2)\n      };\n    }\n\n    calcBtn.addEventListener(\"click\", function () {\n      hideError();\n      resultBox.style.display = \"none\";\n\n      const amount = parseFloat(amountEl.value);\n      const rate = parseFloat(rateEl.value);\n      const months = parseInt(monthsEl.value);\n\n      if (!amount || !rate || !months) {\n        showError(\"Please fill in all fields correctly.\");\n        return;\n      }\n\n      if (amount <= 0 || rate < 0 || months <= 0) {\n        showError(\"Please enter valid values.\");\n        return;\n      }\n\n      const result = calculateLoan(amount, rate, months);\n\n      monthlyEl.innerText = result.monthlyPayment;\n      totalEl.innerText = result.totalPayment;\n      interestEl.innerText = result.totalInterest;\n\n      resultBox.style.display = \"block\";\n    });\n\n    copyBtn.addEventListener(\"click\", async function () {\n      const text =\n        \"Loan Repayment Result:\\n\" +\n        \"Monthly Payment: \u20a6\" + monthlyEl.innerText + \"\\n\" +\n        \"Total Repayment: \u20a6\" + totalEl.innerText + \"\\n\" +\n        \"Total Interest: \u20a6\" + interestEl.innerText;\n\n      try {\n        await navigator.clipboard.writeText(text);\n        copyBtn.innerText = \"Copied!\";\n        setTimeout(() => {\n          copyBtn.innerText = \"Copy Result\";\n        }, 1500);\n      } catch (err) {\n        alert(\"Copy failed.\");\n      }\n    });\n  })();\n<\/script>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Manual on How to Use the Loan Repayment Calculator<\/h2>\n\n\n\n<p>The Loan Repayment Calculator helps you understand how much you will repay when you take a loan. It shows your monthly payment, total repayment, and total interest.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What This Tool Does<\/h3>\n\n\n\n<p>This tool calculates:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Monthly repayment amount<\/li>\n\n\n\n<li>Total amount you will repay<\/li>\n\n\n\n<li>Total interest on the loan<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">How to Use the Tool<\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">Step 1: Enter Loan Amount<\/h3>\n\n\n\n<p>Type the total amount you want to borrow.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 2: Enter Interest Rate<\/h3>\n\n\n\n<p>Input the yearly interest rate given by the bank or loan app.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 3: Enter Loan Duration<\/h3>\n\n\n\n<p>Choose how many months you will repay the loan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 4: Click Calculate Repayment<\/h3>\n\n\n\n<p>The tool will instantly show your repayment breakdown.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 5: View Results<\/h3>\n\n\n\n<p>You will see:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Monthly payment<\/li>\n\n\n\n<li>Total repayment<\/li>\n\n\n\n<li>Total interest<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Important Note<\/h3>\n\n\n\n<p>This tool gives an estimated repayment. Actual bank or loan app charges may vary slightly depending on their policies.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Loan Repayment Calculator Calculate your monthly loan repayment easily by entering the loan amount, interest rate, and duration. Loan Amount (\u20a6) Annual Interest Rate (%) Loan Duration (Months) Calculate Repayment Repayment Details Monthly Payment: \u20a6 Total Repayment: \u20a6 Total Interest: \u20a6 Copy Result Manual on How to Use the Loan Repayment Calculator The Loan Repayment&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"class_list":["post-121","page","type-page","status-publish","hentry"],"taxonomy_info":[],"featured_image_src_large":false,"author_info":{"display_name":"Isokovibe Editor","author_link":"https:\/\/isokovibe.com.ng\/tools\/author\/isokovibe-editor\/"},"comment_info":0,"_links":{"self":[{"href":"https:\/\/isokovibe.com.ng\/tools\/wp-json\/wp\/v2\/pages\/121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/isokovibe.com.ng\/tools\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/isokovibe.com.ng\/tools\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/isokovibe.com.ng\/tools\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/isokovibe.com.ng\/tools\/wp-json\/wp\/v2\/comments?post=121"}],"version-history":[{"count":1,"href":"https:\/\/isokovibe.com.ng\/tools\/wp-json\/wp\/v2\/pages\/121\/revisions"}],"predecessor-version":[{"id":122,"href":"https:\/\/isokovibe.com.ng\/tools\/wp-json\/wp\/v2\/pages\/121\/revisions\/122"}],"wp:attachment":[{"href":"https:\/\/isokovibe.com.ng\/tools\/wp-json\/wp\/v2\/media?parent=121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}