8th November, 2009 - Posted by Editor - No Comments
You will have seen from the examples above that you can save thousands of Rands and settle your bond years earlier by applying all or some or these methods. The maximum benefit will be gained by applying as many methods as possible in combination, making the additional payments into the bond as large as possible, and leaving the money in the bond for as long as possible.
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1st November, 2009 - Posted by Editor - No Comments
If you change jobs and your payday changes, ensure that you notify the bank immediately. Paying just 2 day earlier could knock as 2 months of your loan term.
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10th October, 2009 - Posted by Editor - No Comments
A lot of people make the mistake of buying a house very close to the maximum for which they qualify. If you require 100% finance because you have no cash for a deposit, and you need the bank to add the legal fees and transfer duties to your bond
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4th October, 2009 - Posted by Editor - No Comments
Today’s competition between banks for bond business is very strong. This results in them making various offers to their customers in order to make buying a home easier. This includes adding a variety of costs onto the bond account
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26th September, 2009 - Posted by Editor - No Comments
This piece of information is closely related to the section on not taking a 13th cheque from your employer. When structuring your remuneration package, you may be entitled to receive a portion of your earnings in the form of a travel, or car allowance. This has certain tax benefits, as long as you are able …
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