Make a plan

Personal Loan Calculator

mother child happy

Want to know what the monthly repayment could be on the loan amount you need? Simply select the loan amount and repayment term below, and we’ll calculate the monthly repayment.

R5 000Min
R150 000Max
Initiation Fee
Monthly Service Fee
Interest Rates
Monthly Repayment

A DirectAxis Personal Loan can help you along every milestone…

There are many reasons to take out a Personal Loan. Life has many opportunities that often require funding. Whether it be educational goals, the desire to travel to various parts of the world or even planning your dream wedding. At DirectAxis we hope you’ll make the most of your opportunities. Have a look at the following stories about how a Personal Loan with DirectAxis helped some of our customers achieve their personal goals.

The Swartz family Home renovations

Henry and his wife had just moved into their new home. Even though the new home needed some significant renovations, they were happy to make the purchase because it was close to schools, transport, shopping centres and hospitals.

The renovations that Henry and his wife needed to make included retiling and remodelling the kitchen to create more space, replacing the worn-out garage door and equipping it with an access remote as well as paving. More urgently they needed to replace flimsy burglar bars and fix the gaping hole in the side of the bathroom wall.

Henry and his wife Sarah decided to apply for a DirectAxis Personal Loan. They were approved for R98 000. They thought carefully about what they could comfortably afford. With the help of DirectAxis’ personal loan calculator, they settled on a term of 6 years and a monthly repayment amount of R3 242.77 at an interest rate of 27.50%

The initiation fee for the loan was R1 207.50 and the repayments included a monthly service fee of R69.00.

Henry and his wife are enjoying family gatherings in their renovated home.

Tamrin’s graduation

Tamrin was the first graduate in her family. She fought through many stumbling blocks to achieve her dream to become an engineer. At the time when she took out a Personal Loan with DirectAxis, she did so to fund her last year of studying.

Her parents had both retired and were not able to assist her. She worked a full time job to get through the first few years of her tertiary education, but her last year of study seemed almost impossible to fund without additional help.

Tamrin needed R20 000 to complete her degree. She was approved for the loan amount and calculated that she could afford the monthly loan repayments comfortably, she settled on a monthly loan repayment of R1 301.88 at an interest rate of 27.50% over a term of 2 years.

The initiation fee for the loan was R1 207.50 and the repayments included a monthly service fee of R69.00.

Tamrin has decided to specialise in mechanical engineering, so that she’s able to fulfil her dream to work in the exciting car manufacturing industry.

Marvin decides to pop the question

Marvin met Janet when he attended a birthday party of one of his closest friends. He says Janet didn’t show much interest in him when they first met. In fact, she tried to avoid him the whole evening but fortunately his friend had planned another gathering, so Marvin had another opportunity to impress her.

Soon enough Marvin and Janet were inseparable. After two years of dating Marvin decided that he wanted to spend the rest of his life with her.

Marvin calculated that he needed a loan of R20 000 to buy the engagement ring. He was approved for the amount but was only able to comfortably afford a monthly repayment of R876.30 over a term of 4 years, at an interest rate of 27.50%.

The initiation fee for the loan was R1 207.50 and the repayments included a monthly service fee of R69.00.

Marvin and his wife are excited to start a family. They’re making plans to renovate their home to ensure they have enough room for at least 3 children.

Use our Personal Loan Calculator to find out what your monthly repayments could be.


Pulse is a free and secure financial wellness tool that allows you to check your credit rating and learn how to improve it.

Find Out More
Personal Loan

A Personal Loan is a convenient way to take care of your personal and family needs and goals.

Find Out More
Consolidation Loan

A Debt Consolidation Loan can be an effective way to manage your finances and increase your monthly cash flow.

Find Out More

Considered insuring your car and home with the same insurer? You could save on your monthly insurance premiums.

Find Out More
Medical Aid

Find medical aid cover that best suits you and your family’s needs. Be prepared for unforeseen medical costs.

Find Out More

of customers use loans for consolidation


of customers use loans for renovations


of customers use loans for education

Our Sponsorships

Read more about how we support grassroots Rugby through our Currie Cup Sponsorship.

Read More
Job Opportunities

Thinking of working for DirectAxis? Why not explore what it means to work at DirectAxis.

Read More
Customer Care

We pride ourselves on delivering the best possible customer service. Get in touch today.

Read More
Social Initiatives

Find out more about the corporate social initiatives we're undertaking to deliver positive change.

Read More

Your direct connection to Financial Services. Direct Axis SA (Pty) Ltd (Registration no 1995/006077/07) is an authorised Financial Services Provider (FSP 5 and FSP 7249) © Copyright 2018 
Privacy Policy - Legal Documents - Sitemap

Loan repayment terms range from 24 to 72 months. The maximum interest rate with regards to a DirectAxis Personal Loan is 27.5% per annum (compounded monthly). Your rate and initiation fee will be determined according to your personal risk profile.
An illustrative example of a loan at an interest rate of 27.5% per annum would be: Loan amount R50 000 plus a once-off initiation fee of R1 207.50 and a monthly admin fee of R69.00, over 72 months.
The total cost of the loan will be R 110 013.57 which is a maximum Annual Percentage Rate (APR) of 30.74%.