Transparent pricing
Calculate the full cost of your loan
Choose an amount to see exactly what you would repay each month — at our rate of up to 5% per month, the maximum the National Credit Act allows. Every fee is included.
Our interest rate is up to 5% per month — the maximum the National Credit Act allows. You will never be charged more.
Term: 3 months. Every Capital Sprout loan runs for three months. No rollovers.
You repay each month
R2,165.00What this loan costs
- Monthly instalment
- R2,165.00
- Number of instalments
- 3
- Total amount repayable
- R6,495.00
- Interest rate
- 60% per annum
- Final or residual amount
- None
R5,000 loan + R565 once-off initiation fee + R750 interest + R180 service fees over 3 months = R6,495.00.
Your cost breakdown, line by line
| Loan amount | R5,000 |
|---|---|
| Initiation fee (once-off) | R565 |
| Interest over 3 months | R750 |
| Service fees (R60 x 3) | R180 |
| Total repayable | R6,495.00 |
| Monthly instalment | R2,165.00 |
| Credit cost multiple | 1.30 |
| Interest rate | 60.00000000000001% per annum |
One simple rate
Up to 5% per month
That is the maximum rate the National Credit Act allows for short-term loans — and we never charge more than it. Your full cost, down to the last rand, is shown here and again before you accept. No surprises, no extra charges later.
What each fee is
- Initiation fee
- A once-off set-up charge of R165 plus 10% of anything above R1,000. Capped by law at R1,050. It is added to your loan, not paid up front.
- Interest
- Up to 5% per month — the maximum the National Credit Act allows for short-term loans. We charge interest on the loan amount only, never on the fees, and we will never go above this rate.
- Service fee
- R60 per month. This is the maximum the law allows, and we never charge more than it.
NCR registered credit provider
NCRCP[PLACEHOLDER]
Fixed 3-month term
No rollovers, no surprises
R60 monthly service fee
The legal maximum, not more
Settle early, no penalty
Pay it off whenever you like
Proceed with an online application
The application takes about 15 minutes, including your documents.
Apply now