Simulate Loan Repayments on Your Phone.
Check your indicative monthly installments, verify your 3x savings Fast-Track borrowing eligibility, and view month-by-month repayment plans without any administrative guesswork.
Transparent & Jargon-Free
100% Flat-Rate Predictability
Loan Parameters
Adjust your requested facility, amount, duration, and regular savings.
18% Flat / Annum
Max: GH¢ 100,000
GH¢
3x Multiplier Applied
GH¢
Up to 24 Months
GH¢
Official Repayment Summary
Estimated Monthly Installment
GH¢ 850.00
Principal Amount:
GH¢ 15,000.00
Flat Annual Interest Rate:
18.00% / annum
Total Interest Accrued:
GH¢ 5,400.00
Total Payable Amount:
GH¢ 20,400.00
🟢 Healthy Debt-to-Income Ratio
Month-by-Month Payment Plan
Clear itemized breakdown showing how each monthly payment covers principal and flat interest.
| Month # | Principal Payment | Interest Payment | Total Monthly Installment | Remaining Balance |
|---|
Common Questions
Loans & Repayment FAQ
How is flat-rate interest calculated on my loan?
Flat annual interest is calculated on the total original principal borrowed for the entire duration of the loan. For example, an 18% flat rate on GH¢10,000 over 12 months equals GH¢1,800 in total interest, divided equally across 12 monthly installments.
What happens if my requested loan exceeds 3x my savings?
Loans up to 3x your regular savings balance are processed as Fast-Track facilities without external guarantors. If you require an amount exceeding 3x your savings, your application is routed to the Loans Committee and requires either a qualified member guarantor or acceptable collateral.
Are there any hidden processing fees or insurance charges?
No. All rates published by GCPCUL are transparent. At the time of loan disbursement, a nominal one-time administrative processing fee and CUA Loan Protection Plan (LPP) insurance premium are deducted upfront, guaranteeing your family never inherits debt in the event of death or permanent disability.