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HOW TO USE THE CALCULATOR Enter the loan amount you require and the calculator will display the minimum monthly repayment. | | WHAT WILL THIS CALCULATE | | The calculator will show the minimum amount which will be required as a monthly repayment. If you want to get an idea of the maximum loan you will be able to afford, increase the "Loan Amount" field until the "Minimum Monthly Repayment" equals the maximum amount you can fit into your budget. All applications are subject to ABSA's normal credit criteria. As repayment affordability can easily be a contentious issue, this calculator is not designed to calculate the maximum loan which the bank will grant. This amount can only be calculated once the bank has received a fully completed application. | DISCLAIMER While every effort has been made to ensure accuracy, 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 a result of material in this programme is accepted by ABSA Bank Limited. | |
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