If you are an Absa home loan customer selling your home and buying a new one, we’ll reward you for staying with us.

Apply now

cash  back
Get up to 0.5% cash

Let’s help you get cash back up to R6 000 depending on the value of your new house 

Enjoy 25% reduction

Our home solutions benefit you with 25% reduction on your home loan initiation fees

flexible repayment
Get flexible repayment

Choose a loan repayment terms of up to 30 years

interest rate
Choose a suitable

Benefit from a fixed or variable interest rate 

Manage my debt
Manage my debt

Let us help you during these tough economic times, and make buying a home hassle free.

Tell me more

How to get it and what you can expect

  • What you get

    • A 25% reduction on your home loan initiation fees.
    • On registration of your bond, 0.5% cash back on the value of your new home loan up to a maximum of R6 000.
    • You can make additional payments at any stage, which will immediately reduce your interest cost.
    • Home loan repayment terms of up to 30 years (can be reduced or increased at any time at no cost).
    • You can have electronic access to your Home Loan via Absa Online and Telephone Banking if you have an Absa transactional account. 
    • Absa provides a financial planning consultation with a qualified adviser, to consider the following for customers: a Will, a Life Policy, Packaged Insurance for your motor and home, and Retirement Planning. Send an email to virtualadviser@absa.co.za and an adviser will call the customer back
    • Waiver of 90 day early termination charge on the existing Absa Home Loan account which is to be settled, the calculation of the early termination charge will be the difference between three (3) months and the period of notice of settlement, if any, given by the customer.
    • Get free eStatements.
    • Absa Cash Rewards.
    • Track your application online, from submission to registration.

    Other Benefits

    Absa offers value-for-money with Home Owners Comprehensive (HOC), Life cover and Absa idirect Short Term Insurance  products.

  • How it works

    • The Variable interest rate is linked to the bank’s mortgage lending rate and it changes as the prime interest rate changes.
    • Fixed interest rates are only available after registration of your bond.
    • You can also track your application online, from submission to registration.
  • What you need to apply

    • A valid, bar-coded South African identity document
    • An offer to purchase (if purchasing a property)
    • Your latest salary advice (or income statement if self-employed) 
    • Provide consent to request three (3) months bank statements if banking with First National Bank (FNB), Nedbank or Standard Bank, otherwise provide three (3) months bank statement

Need more help?

Let one of our property experts call you back.

Call me back

Call us on:

0860 111 007

Email us:

General account enquiries: home@absa.co.za

Home loan applications: propertyhub@absa.co.za

Help with home loan payment plans: bondrs@absa.co.za

Homeowners comprehensive insurance: adminhoc@absa.co.za

Home loan protector plans: polserv@absa.co.za

Visit your nearest branch