See the full journey.
Choose a period and compare every planned monthly payment.
R2,000–R8,000- 2, 3 or 6 monthly periods
- Decreasing interest as principal falls
Let’s make it clear.
Planned pricing · Not a credit offer
Flex · R4,000.00 · 3 months
- First payment
- R1,631.66
- Last payment
- R1,551.68
See every rand of the cost
- You receive
- R4,000.00
- Interest (3% per month)
- R240.00
- Initiation fee (incl. VAT)
- R400.00
- Service fees (incl. VAT)
- R135.00
- Insurance (not included)
- R0.00
- Together reduction (already applied)
- R0.00
- Total cost of credit
- R775.00
- VAT included in fees
- R69.78
Your repayment schedule
| Period | Principal | Interest | Fees | Payment |
|---|---|---|---|---|
| Month 1 | R1,333.33 | R120.00 | R178.33 | R1,631.66 |
| Month 2 | R1,333.33 | R80.00 | R178.33 | R1,591.66 |
| Month 3 | R1,333.34 | R40.00 | R178.34 | R1,551.68 |
Planned monthly payments, not debit dates
- Month 1PaymentR1,631.66
- Principal
- R1,333.33
- Interest
- R120.00
- Fees
- R178.33
- Month 2PaymentR1,591.66
- Principal
- R1,333.33
- Interest
- R80.00
- Fees
- R178.33
- Month 3PaymentR1,551.68
- Principal
- R1,333.34
- Interest
- R40.00
- Fees
- R178.34
Principal is split across periods; the last payment includes any cent adjustment.
Paid partner link · How it works
The partner sets its own costs and eligibility. This estimate is not a partner quote.
Full-month planning estimate. Exact dates and partial months affect your final quote. Together conditions apply.
Principal comes down each month
Flex divides the amount borrowed across the repayment periods. Interest is calculated on the outstanding principal, so the planned instalments gradually decrease. The last payment includes any cent adjustment. This is not a revolving credit line.
Available planning amounts are R2,000–R8,000. A longer term adds more service fees and interest, even when the monthly payment is smaller.
Read the whole schedule
The proposed price is 3% monthly interest on outstanding principal, a once-off initiation fee of 10% of the amount borrowed including VAT, and a R45 service fee for each full calendar month including VAT. No insurance is included; check what that means for cover. Fees are spread across payments without charging interest on them.
The planner assumes complete monthly periods and does not set debit dates. A formal quotation would account for the actual start date, daily interest and service-fee proration.
Room for essentials comes first
Before committing, work through every month, not only the first instalment. Include seasonal costs, school expenses, transport and existing debt. If repayment depends on another loan or uncertain future income, reconsider the amount.