Pricing
Every cost, in rand, before you sign anything.
You pay nothing monthly. Interest and the fees below are added to the balance until the loan is repaid, and your personal illustration shows them for your home before you decide.
The rate
One rate, stated plainly
Your interest rate
14.75%
a year. Interest is added to the balance until the loan is repaid.
Prime rate
10.75%
The reference rate since September 2026.
Our margin
4.00%
over prime, fixed for your loan. Your agreement states how the rate moves with prime.
The fees
Added to the balance, never paid in cash
| Fee | How much | When |
|---|---|---|
| Initiation fee | R 5 550 | Once, at the start. It may not exceed the statutory maximum. |
| Monthly fee | R 69 a month | Each month of the term, added to the balance. |
| Interest | 14.75% a year | Calculated monthly on the balance, and added to the balance. |
| Early settlement | [to be confirmed] | If you repay before the end of the term. Being confirmed. |
Initiation and monthly fees are once-off and monthly respectively; interest is calculated monthly on the balance.
Next step
See it for your home
Your illustration shows the monthly payment, the fees, the balance at the end of the term and what happens after it. Nothing here is an offer of credit; your agreement states the terms.