HomeChoice – loan application
Contact
Company
HomeChoice (Pty) Ltd
Address
78 Main Reef Road, Wynberg, Cape Town, 7800
Website
https://www.homechoice.co.za/
HomeChoice – repayment table
Estimated monthly repayments at 28.00% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 6 months | 12 months | 18 months | 24 months |
|---|---|---|---|---|
| R10,000 | R4,467 | R3,633 | R3,356 | R3,217 |
| R20,000 | R8,933 | R7,267 | R6,711 | R6,433 |
| R30,000 | R13,400 | R10,900 | R10,067 | R9,650 |
Representative example
Loan amount
R15,100
Repayment term
12 months
Monthly interest
28.00%
Monthly repayment
R5,486
Total interest costs
R50,736
Total amount payable
R65,836
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
R200 – R30K
Term
6 – 24 months
Interest from
28.00%
Approval
24 hours
Age
18+ years
Online application
Yes
Requirements
- ✓ 18+ years old
- ✓ South African ID
- ✓ South African bank account
- ✓ Three months bank statements
- ✓ Payslip or proof of income
Loan features
- Loans from R200 to R30,000
- Term 6 to 24 months
- Accepts SASSA recipients
- Separate retail credit account
Ready to apply?
Go to official HomeChoice website ad