💳 Loan Calculator

Loan Application Details

First Name:

Last Name:

Account Number:

Member # (Optional): 💡 Enter Member # to auto-populate stockvel fields

Loan Amount (R):

Loan Term (months):

Loan Disbursement Date:

Start Month:

Stockvel Member

Initiation Fee: WAIVED up to contributions, 12% on excess (distributed over term)
Tiered Interest Rates: Based on loan amount vs. your contributions
- First 30% of contributions: 3%
- 30-75% of contributions: 8%
- 75-105% of contributions: 15%
- 105-110% of contributions: 25%
- Above 110% of contributions: 30%
10% Minimum Interest: Applied if tiered rate is below 10%
Admin Fee: R60 × (1 - interest rate)
Equal Monthly Payments: Total cost divided evenly across all months

Membership Start Date:

Membership End Date: Automatically calculated (12 months from start)

Total Contributions to Date (R):

Monthly Contribution (R):

Accumulated Bonus (R): Total bonus accumulated from all loans

R 0.00

R 0.00

R 0.00

—

R 0.00

R 0.00

Month	Monthly Payment	Principal Payment	Interest	Initiation Fee	Admin Fee	Outstanding Balance	Bonus

To pay please use:

Account Holder: Thaba Bosiu Financial Services

Bank Name: TymeBank

Branch Code: 678910

Account Number: 53000021839

Please use your Name and Surname as the reference