Nedbank Loan Calculator Personal Loanadminloan calculator Nedbank Personal Loan Calculator Loan Amount (ZAR): Loan Term (years): Annual Interest Rate (%): Estimated Monthly Payment (ZAR): Calculate Reset Calculation Steps Formula: Monthly Payment = [Loan Amount × Monthly Interest Rate] / [1 – (1 + Monthly Interest Rate) ^ -Loan Term] Note: Monthly Interest Rate = Annual Interest Rate / 12 / 100