Personal Loan Table

LOAN AMOUNT 24 MONTHS TOTAL AMOUNT REPAYABLE 36 MONTHS TOTAL AMOUNT REPAYABLE 48 MONTHS TOTAL AMOUNT REPAYABLE 60 MONTHS TOTAL AMOUNT REPAYABLE 72 MONTHS TOTAL AMOUNT REPAYABLE
R 5,000 R 403 R 9,669 R 326 R 11,754 R 290 R 13,905 R 269 R 16,121 R 255 R 18,395
R 20,000 R 1,325 R 31,789 R 1,038 R 37,358 R 900 R 43,177 R 821 R 49,235 R 771 R 55,516
R 40,000 R 2,510 R 60,235 R 1,952 R 70,282 R 1,684 R 80,818 R 1,530 R 91,817 R 1,434 R 103,250
R 60,000 R 3,695 R 88,680 R 2,867 R 103,207 R 2,468 R 118,459 R 2,240 R 134,399 R 2,097 R 150,985
R 80,000 R 4,880 R 117,126 R 3,781 R 136,131 R 3,252 R 156,100 R 2,950 R 176,981 R 2,760 R 198,719
R 100,000 R 6,065 R 145,571 R 4,696 R 169,056 R 4,036 R 193,740 R 3,659 R 219,564 R 3,423 R 246,453
R 120,000 R 7,251 R 174,016 R 5,611 R 201,981 R 4,820 R 231,381 R 4,369 R 262,146 R 4,086 R 294,188
R 140,000 R 8,436 R 202,462 R 6,525 R 234,905 R 5,605 R 269,022 R 5,079 R 304,728 R 4,749 R 341,922
R 150,000 R 9,029 R 216,684 R 6,982 R 251,368 R 5,997 R 287,843 R 5,434 R 326,019 R 5,080 R 365,789

Loans are subject to the National Credit Act No.34 of 2005. All loan applications are considered and are subject to credit approval. The interest rate with regards to a DirectAxis Personal Loan varies between 26.75%** an 27.75%** per annum (compounded monthly). All loan include a once-off initiation fee of up to R 1 197** and a monthly service fee of R68.40**. Your rate and initiation fee will be determined according to your personal risk profile.For illustration purposes, the figures in this table are calculated at an interest rate of 27.75% per annum. The repayments indicated also include a monthly premium for the Personal Protection Plan of R4.50** per thousand of your loan or part thereof. ** Rates and fees are current as at 5 September 2017 and are subject to change at the discretion of DirectAxis.