Working out your actual loan repayment

Loan repayments used to be confusing and difficult to calculate. Quite a lot of information and understanding is needed and one normally would have to use a good financial calculator. Even then, it was often not entirely accurate. Whoever was calculating it for you would often fly through the figures and information at lightning speed […]

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Requirements and documentation required to get a bond

Requirements & documentation

As a first-time potential homeowner, it can be quite a daunting task ahead of you if you are unsure of the requirements and documents you will need to ensure that your application for a bond is successful. Here are some of the requirements and documentation that you will need to avoid disappointment on applying for […]

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Why use a bond originator instead of going directly to banks

Bond originators

So you found your dream home and you have approached the bank and after jumping through some hoops with paperwork, various banking personnel you find that your application has been rejected due to some algorithm on the banking system. It doesn’t matter who you try and speak too, the bank’s systems are in place and […]

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What you need to know about a homeowners association

Many South African are opting for the security and convenience of a boomed/gated community or a lifestyle estate. Their numbers and popularity are growing exponentially in most areas and they offer many advantages over free standing homes. Security is the main factor driving the demand but there is also a lot less reasonability in terms […]

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How To Save Massive On Your Bond

The average bond is 20 year although bonds of 25 and 30 years are not unheard of. A bond over such a long period is a classic example of compound interest working against you. In the first few years of regularly paying your bond installments, the original capital debt would have barely decreased. Even after […]

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10 Secret costs involved when buying a house

Extra costs involved when buying a home

Buying a home is generally one of the biggest investments most people make. It is an exciting purchase and many times, a very emotional one as well. Those that have purchased properties before become familiar with the process but many first time buyers are often taken completely by surprise when suddenly faced with the many […]

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