Know exactly what you'll pay before you commit to anything.
How to Use the Loan Calculator
Choose your loan amoun
Enter much money you want to borrow. You can borrow anywhere from $5000 up to $100,000,000 depending on the loan type you qualify for. Enter the amount. The display updates instantly as you adjust.
Select your repayment period
Choose how many months you want to take to repay the loan. Repayment periods range from 3 months to 60 months. A shorter period means higher monthly payments but less interest paid overall. A longer period means smaller monthly payments spread out over more time but slightly more interest paid in total.
Review your results
The calculator instantly displays your monthly installment, the total interest you will pay, and the full repayment amount. You can also expand the amortization schedule to see a month-by-month breakdown of every single payment showing exactly how much goes toward the principal and how much goes toward interest each month.
What the Calculator Shows You
Once you enter your loan amount and repayment period, the calculator gives you four key pieces of information:
- Monthly Installment
- Loan Principal
- Total Interest
- Total Repayment
Loan Calculator
Know your numbers
before you apply.
Enter your desired loan amount and repayment period to instantly see your monthly installment, total interest, and full repayment breakdown.
Your Loan Details
Enter any amount between $1M and $10M
Please enter a valid loan amount (minimum $1).
Quick select
Important Notice — Large Loan Collection
For loans of $10,000,000 (Ten Million Dollars) and above, funds cannot be disbursed remotely or via mobile wallet. Approved borrowers are required to collect their funds in person at one of our official head office locations. Please plan accordingly and bring valid identification and your approval letter.
Repayment Summary
Monthly Installment
per month for 12 months
Loan Principal
Total Interest
Total Repayment
Monthly Rate
Principal vs Interest Breakdown
| Month | Payment | Principal | Interest | Balance |
|---|
Frequently Asked Questions About the Calculator
Is the calculator accurate?
Yes. The calculator uses the standard amortization formula applied to a fixed annual interest rate of 15%. The monthly payment figures, total interest, and total repayment shown are precise and reflect exactly what you would pay if your loan is approved under those terms.
Does using the calculator affect my credit score?
No. Using the loan calculator is completely anonymous and does not require any personal information. It has absolutely no impact on your credit score or credit file.
Can I use the calculator for any loan type?
Yes. The same calculator applies to all our loan types since they all share the same fixed 15% annual interest rate. Simply enter the amount relevant to the loan type you are considering and choose your preferred term.
What if the monthly payment is higher than I can afford?
Simply adjust the loan amount downward or extend the repayment period to bring the monthly installment to a level that fits your budget. The calculator updates instantly, so you can experiment freely until you find the right combination.
Can I save or share my calculation?
Yes. You can download a full loan summary from the calculator at any time using the download button. The summary document can be saved, printed, or shared as needed.
What is the minimum and maximum loan amount I can calculate?
The calculator supports loan amounts from $500 up to $1,000,000 and repayment periods from 3 months to 60 months, covering the full range available across all our loan products.
Does the calculator include any fees?
No. SwiftFund does not charge application fees, processing fees, or hidden charges. The total repayment shown in the calculator is the true and complete cost of your loan principal plus interest, nothing more.
What does reducing balance mean?
Reducing balance means that interest is calculated each month on the amount you still owe, not on your original loan amount. So as you make payments and your balance goes down, the interest portion of your monthly payment also goes down. This is fairer and more transparent than flat-rate interest calculations used by some lenders.
Ready to Apply?
Choose your loan type, use our calculator to estimate your monthly payments, and submit your application in under 5 minutes. Our team reviews every application within 24 hours and funds are disbursed shortly after approval.
All loan amounts and terms are subject to eligibility assessment and approval. Interest is calculated on a reducing balance basis at 15% per annum.
