Home Loan / Mortgage Bond Interest Rates in South Africa

Buyers Info - Home Loan / Mortgage Bond Interest Rates in South Africa

Mortgage Bonds / Home Loan Interest Rates

Interest is the cost of borrowing money from the bank. The rate is normally calculated as an annual percentage of the amount borrowed. Our consultants will negotiate the best possible home loan interest rate from the banks, recommend the most suitable option and advice you how to pay your loan off quicker.

The current base home loan rate is 13.5%

Home Loan Repayment Term

The most common loan term is 20 years, although it can also be 25 or 30 years. The longer the term, the more interest you are going to pay. You can save interest and pay your loan quicker if you pay only a small extra amount each month.

It is possible to get up to 2% below the home loan base rate depending on your credit history.

Mortgage Man information on home loan / mortgage bond interest rates in South Africa.