R
Loans
Repayment Schedule
A breakdown of every payment you'll make on a loan — how much interest, how much principal, when you'll be done. Also called an amortisation schedule. It's the real tea on what you're actually paying.
Usage Examples
"Sipho pulled his Capitec loan amortisation schedule and saw that his first R3,200 payment was mostly interest — R1,800 went to interest, only R1,400 to the actual debt. By payment 60, it flipped."
"Bongani asked FNB for a full repayment schedule on his R200,000 home loan. It showed him he'd pay it off over 240 months. Looking at month 240 — the payment's the same as month 1, but almost all of it goes to principal by then."
"Nomsa used her lender's online tool to see the repayment schedule for a Nedbank consolidation loan. She could see exactly when it'd be sorted — month 48. That clarity helped her decide if consolidation was worth it."