Amortisation calculator

Use our amortisation calculator and see what percentage of your payment goes towards paying off your bond and what percentage goes towards interest when paying off your home loan in Namibia.

Total amount of loan

N$

No. of months of loan

interest rate (%)

Fixed term (in months) Select 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Fixed interest rate (%)

calculate

Total interest paid

N$0

Monthly bond repayment breakdown

No.	Payment Amount	Interest Amount	Capital Reduction	Balance Due
1	N$ 19,753,754	N$ 2,223,301	N$ 17,530,454	N$ 204,799,577
2	N$ 19,753,754	N$ 2,047,996	N$ 17,705,759	N$ 187,093,819
3	N$ 19,753,754	N$ 1,870,939	N$ 17,882,816	N$ 169,211,003
4	N$ 19,753,754	N$ 1,692,111	N$ 18,061,644	N$ 151,149,359
5	N$ 19,753,754	N$ 1,511,494	N$ 18,242,261	N$ 132,907,099
6	N$ 19,753,754	N$ 1,329,071	N$ 18,424,683	N$ 114,482,416
7	N$ 19,753,754	N$ 1,144,825	N$ 18,608,930	N$ 95,873,487
8	N$ 19,753,754	N$ 958,735	N$ 18,795,019	N$ 77,078,468
9	N$ 19,753,754	N$ 770,785	N$ 18,982,970	N$ 58,095,498
10	N$ 19,591,531	N$ 338,891	N$ 19,252,641	N$ 38,842,858
11	N$ 19,591,531	N$ 226,584	N$ 19,364,948	N$ 19,477,910
12	N$ 19,591,531	N$ 113,622	N$ 19,477,910	N$ 0

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* Calculators available on this website are only intended to provide an indication of the amounts calculated. Since MM Namibia has no control over the information and variables entered by a customer, figures generated by the calculators shall not be binding on MM Namibia.