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Adjust the amount and tenure until it feels right.
Loan amount
₦500,000
₦50,000₦5,000,000
Estimated repayment per month
₦93,333
for 6 months at 2.0% monthly interest
Tenure
1 month36 months
Purpose
Monthly repayment
₦93,333
Interest rate
2.0% / month
Total interest
₦59,998
Total payable
₦559,998