Compounding Calculator

Compound Interest Calculator

Compound Interest Calculator


Loan Calculator

Loan Reality Check — Centonomy
Debt Calculator

Loan Reality Check

See what a loan really costs you — and how much faster you could be debt-free. Interest is charged on what you still owe, so the way you pay changes everything.

01 Your loan

KES

Example Kenyan rates — tap to try one:

SACCO ~13% Bank ~18% Logbook ~24% Digital/quick ~36%
KES
Each payment
monthly instalment
Total you repay
— payments
Total interest
— of what you borrowed
Debt-free by
— term

02 Where your money goes

Principal Interest

03 The power of paying extra

Time saved
Add an extra amount above
Interest saved

04 Payment schedule

#DateOpeningPayment PrincipalInterestBalance
How this works. This is a reducing-balance loan: interest each period = outstanding balance × (annual rate ÷ payments per year). Your instalment stays fixed, but early on most of it is interest and little is principal — that flips over time. Paying extra goes straight to principal, which shrinks every future interest charge, so you finish earlier and pay less overall.

A Centonomy debt tool. Figures are estimates for learning; your lender’s terms (fees, insurance, flat vs reducing rates) may differ.