Close window
Personal Calculators
Business Calculators
You are here: Home > Calculators > Personal Calculators > Home Loans Calculators > Increasing your Installments
Calculators
With Absa it all adds up
Increasing your Installments
  INCREASING YOUR INSTALLMENTS

My Original Repayment Term years
Required home loan amount
Applicable interest rate %
I would like to increase my monthly
instalment by
 
    
Normal Instalment
By paying an additional monthly amount of
My new instalment will be:
I will save interest in the amount of
Paying off my home loan in   years
 
Benefits of paying increased instalments:
   Conventional  home loan  With an increased instalment  Benefit/Saving
 Term (Years)
 Total Repayments (Rands)

DEFINITIONS
My total gross monthly income: Your gross monthly income is your total monthly income before taxes or expenses are deducted.
Concession: A discount to the Mortgage Lending Interest Rate. The discount granted depands on various factors, such as the loan amount, the loan amount relative to the property value, etc
Customer Rate: The interest rate charged on the loan after a concession has been granted (if applicable).

 

DISCLAIMER  
While every effort has been made to ensure the accuracy of all calculators, no responsibility can be accepted for errors or omissions however caused. No responsibility for any loss occasioned to any person acting or refraining from action as result of material in this programme is accepted by Absa Bank Limited.

Related Information

More information about Home Loans with Absa

Apply
You've done the groundwork, now apply
Barclays Group Member