Is Bond Switching the Key to Lower Mortgage Payments?
In recent years, bond switching has become an increasingly popular choice among homeowners looking to reduce their monthly payments, access better loan terms, or take advantage of improved interest rates. But is switching your home loan the right move for you? Before making any decisions, it’s important to understand what bond switching entails, the potential […]
How to save R420 000.00 on a home loan of R605 480.00
If a home loan is paid off over the normal 20-year term, the interest that is paid to a financial institution is often more than the capital borrowed, says Meyer de Waal, a conveyancing attorney in Cape Town, who made a study of home loan repayments, how to save thousands of Rands on home loan […]
Stuck with a too high interest rate on your home loan? Here is how to save thousands if you renegotiate
Raising a home loan is often the one of the most stressful times in one’s life – but don’t forget, renegotiating a lower interest rate a few years later can save you thousands of rands. You have nothing to lose, so it’s worth a try. CAR PREMUIMS ARE REDUCED If you insurance a car, the […]
