🏠 Naija Loan Calculator

Our Naija Loan Calculator is specifically designed for Nigerian financial products, supporting various loan types commonly available in Nigeria with appropriate term limits and currency options.

Nigerian Loan Types:

• Salary Advance: Short-term loans (1-12 months) for salary earners
• Personal Loan: Multi-purpose loans for individuals
• Mortgage: Long-term home purchase loans (1-30 years)
• Business Loan: For business investment and expansion
• Auto Loan: Vehicle financing (1-7 years)
• Education Loan: For educational expenses (1-10 years)
• Agricultural Loan: For farming and agricultural projects

Tips for Nigerian Borrowers:

• Compare interest rates from different Nigerian banks
• Consider the impact of inflation on long-term loans
• Check for hidden fees and charges
• Ensure you understand the repayment terms
• Consider the loan tenure in relation to your income stability