Buying a home is easier than you think

Everything you need to know about buying a home, or building a home, switching your home loan or buying to let is right here! Read our articles and get all the information you need.

home loan application

Get up to R12 000 real cash back* with the Extended Black Friday offer

Apply for an Absa Home Loan online and get up to R12 000 cash back* from Absa Rewards. Offer valid until 31 December 2024.

*Terms and conditions apply

Apply now

What would you like to do?

Get even more with a home loan from us

buy my first home

There’s a home loan for all your needs. Anyone can apply and all our home loans come standard with these great benefits.

card in hand
Access to finance

You could get up to 108% finance on your home with an Absa Home Loan.

Buying a home
Flexibility

Easy online management of your home loan, repayments and access to extra money paid.

 

Buying a home
Choice

Choose between a fixed or variable interest rate. Change your term any time at no cost.

 

Qualify for even more discounts and benefits

Our home loans come with great benefits, see what you could qualify for.

Get prepared. Our Myhomeowner Journey is a free home buying course that will teach you everything you need to know about buying your first home.

 

 

Start your journey

If you earn <32 000 gross monthly income

MyHome:

  • Home loan of up to 105% to cover additional costs
  • Free borrower education
  •  Access to insurance and retirement plans
  • You may also qualify for a government housing subsidy programme - Finance Linked Individual Subsidy Programme (FLISP)

** Terms and conditions apply

Tell me more

If you are a First Time Home Buyer 

First Time Home Buyer:

  • Home loan of up to 108% to cover additional costs
  • Access to insurance and retirement plans

** Terms and conditions apply

Tell me more

Private Bank

If you have:
An Absa Private Banking account

We will give you:

  • A direct point of entry for all your Home Loan needs.
  • One-on-one specialised service.
  • The convenience you expect
  • Customised solutions to meet your needs.

Tell me more

Get great benefits when you qualify for a MyHome or First Time Buyer Home Loan

Attorney discounts

Receive 50% discount on your Absa Panel Attorney bond registration costs. 

 

Interest rate concession

As a first-time buyer you will receive an additional -0.25% concession on your variable interest rate on condition you:

  • Open an Absa cheque account (Gold Value Bundle or Premium Banking Account or Private Banking Account) and
  • Place a debit order to pay your Home Loan Account from your Absa cheque account. **Terms and conditions apply

Take our free MyHomeowner Journey

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Get prepared. Our Myhomeowner Journey is a free home buying course that will teach you everything you need to know about buying your first home.

 

 

Start your journey

Frequently Asked Questions

  • Who is the target audience for the My Homeowner Journey (MHOJ)/eLearning Platform?

    The eLearning platform is not limited to customers who are first-time home buyers, but to anyone who may be interested in understanding all aspects of home buying and homeownership.
     
    Also, the MHOJ platform is used as an alternative homeownership training method for customers who are first-time home buyers, since the Borrower’s Education Training is a condition for their home loan to be registered.
  • What do I need to successfully complete the training?

    You will need a:

    • Smartphone, computer or tablet
    • Email address
    • A good internet connection (via data or Wi-Fi)
  • How does an interested person access and register on the MHOJ Platform?

    From the Absa website, access the Home Loans page here. Scroll down until you see Take our free My Homeowner Journey, and then click on Start your journey.

    After you have clicked on Sign up, your registration will be completed, and you will receive a confirmation email. If you don’t get the email in your inbox, remember to check your junk mail/spam folder.

    Once you have confirmed your account, proceed to logon with the username and password that you created when you registered. You’ll land on the dashboard that will show you all the modules and activities that you must complete to obtain the Borrower’s Education/Homeownership Training certificate. Once you’ve completed all the modules and activities, you will receive an email with your certificate.

  • What content is covered under the My Homeowner Journey training?

    The Absa My Homeowner Journey is designed to educate first-time buyers and anyone interested in buying and owning a home. In total, the eLearning platform has four modules listed below, which are subdivided into 22 activities and 11 animated videos, thus covering key aspects of the end-to-end homeownership journey. Learning components also include activity assessments and a comprehensive survey at the end.

    The four main modules include:

    • Planning to buy a home
    • Buying my home
    • Applying for finance
    • Being a homeowner
  • How long will the training take to complete?

    • It will take approximately 90 minutes to complete the training.
    • The training is intended to be engaging and you can start, save and continue
      from where you last stopped in your eLearning journey.
  • What if I didn’t complete the training in one run, what should I do?

    The course can be completed over more than one session and the system will save your progress. You can access the course anytime.

  • What must I do with the digital certificate that I received?

    The certificate is intended to confirm that you have completed the online course.

    Customers who have Borrower’s Education as a condition for their home loan must please submit the certificate to their respective Bond Registration Attorney.

  • What if I completed my training, but did not receive my digital certificate via email?

    If you did not get an email with your certificate in your inbox, remember to check your junk mail/spam folder.

    You can also download/resend your certificate from the platform:

    • Logon first and click on the drop-down arrow at the top right-hand side of the page.
    • Click on Certificate and you will have a choice to send it via email or download.
  • Can I trust the link that I received?

    Yes, you can trust the link based on the following protection scenarios:

    • The URL (web address) must start with https – the s indicates that it is a secure website protected by a digital security certificate.
  • What must I do if the My Homeowner Journey link/URL is blocked on the device (smart phone/computer)?

    • Check whether the network where you are (at work or a café) is not blocking the site and preventing you from continuing with the online training.
    • Check with the respective IT Helpdesk.
    • Alternatively, try to access the platform using another device that has a different data connection or internet access.
  • What must I do if I am experiencing technical difficulties?

    If you are experiencing any technical issues and require support, email us on mhojhelpdesk@lrmg.co.za.

    Use the format below when compiling the email:

    • Name and surname
    • Cellphone number and email address
    • Date of birth
    • Problem experienced (add a description of the problem), e.g. "Completed training but I did not receive an email".

    Technical issues/problems can include, but are not limited to:

    • Challenges with registration and logging on
    • Platform not responding
    • Challenges with getting my certificate.
  • Who do I contact for more information?

    If you have any questions or require further information with regard to the My Homeowner Journey Platform content, send your query to HLeducation@absa.africa.

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The quickest way to get your next home

buy my next home

Our goal is simple: to  help you get the home you want. That's why we offer home loans that are quick, easy to apply for, and give you extra value. Anyone can apply and all our home loans come standard with great benefits.

card
Access to finance

You could get up to 100% finance on your home with an Absa Home Loan.

Laptop
Flexibility

Easy online management of your home loan and repayments and access to extra money paid.

Percentage
Choice

Choose between a fixed or variable interest rate. Change your term any time at no cost.

Get even more with a home loan from us

All our home loans come with great discounts and benefits. See what you could qualify for.

Loyalty

If you’re an Absa Home Loan customer selling your current home and buying a new one, we will give you:

  • Up to R25 000 once-off Absa Rewards cash back, calculated at 0.5% of the loan amount taken to finance the new property
  • 50% discount on bond registration fees
  • Waiver of any early termination charges relating to the settlement of the existing Absa Home Loan account
  • Access to even more benefits with a free drafting of your Will plus access to great insurance and retirement plans.

Tell me more

Buy-to-Let

If you are:
Buying a property to 
rent it out

You will be able to:

  • Use your existing rental leases you towards your affordability.
  • Factor in potential future rental income if you have two or more properties.
  • Give you access to discounted rates on TPN and Trafalgar services.
  • Give you access to Absa Law For You services on call whenever you need (packages up to R200 000 per year).
  • Offer financial planning experts to ensure you get the advice that every investor needs

Tell me more

Eco Home Loan 

Reduce your carbon footprint and your interest rate

  • Get a rate concession of -0.25% on the variable interest rate when you register
  • Qualify for rebate of up to 3% (up to R55 000) of the loan amount
  • Purchase a property directly from an Absa-approved Eco Home Loan development.

*Terms and Conditions Apply.

Tell me more

Solar and Energy Finance

Get your solar solution for less and also save on electricity costs

  • Get a concession of -0.50% on your variable interest rate for a solar solution of up to R300 000 and loan term of up to 60 months (Bounce Back Energy Loan)*
  • Get a concession of -0.20% on your variable interest rate for a solar solution of up to R300 000 and loan term of up to 84 months

*Offer valid until 31 March 2025.

Home Loans Solar and Energy Finance Terms and Conditions

Bounce Back Energy Loan Terms and Conditions

Tell me more

Read more about buying a home

Get the most for your money when buying your next home. Our articles below could show you how.

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How to sell your home and buy another

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What you need to know about cancelling your bond

When the time comes to cancel your Bond, either because you have paid up your loan or you are planning on selling...

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All about your FlexiReserve

FlexiReserve is a facility that allows you to withdraw any extra money you’ve paid towards your home loan over...

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 Buying a second property as an investment

Property can be a good investment. In the long-term property could increase in value and if it does, this is one way to...

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What insurance do you need as a homeowner?

It’s important to make sure that your most prized asset is protected. Unforeseen events can and do happen, but with the right...

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 How deposits can make your home loan easier to afford

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Find your next home right here

PrivateProperty.co.za.
Looking for a property?

See thousands of available homes across South Africa on PrivateProperty.co.za.

PrivatePropertyAbsa
Bank-listed properties

We’ve highlighted a range of properties for you that are ready to sell fast.

View bank-listed properties

Switching is easy with us

Manage my home loan

We've made switching as simple as possible. Not only will we help you switch your home loan, we’ll even pay some of the costs!

 

Apply for an Absa Home Loan

pie chart
Extend your term

Negotiate a new repayment term for your home loan to suit your plans and your pocket.

down arrow
Reduce your rate

You could pay less for your home with a better interest rate.

docs
Get more credit

You could access more of your home's equity when you need it at a potentially lower interest rate.

coins in hand
Reduced costs

We’ll give you a discount on, and contribute to, your bond registration fees and cancellation costs.

directional arrows
Easy switching

We’ll help you every step of the way to make your switch simple, cost-effective and quick.

benefits sign
Even more benefits

You’ll get a free financial consultation as well as access to as great insurance and retirement plans.

Get even more with a home loan from us

Think long term! You could get lower interest rates, huge savings and more credit when you switch your home loan to us.

Great Escape

Switch a home loan of R500 000.00 (five hundred thousand rand) or more. 

We will give you:

  • 50% discount on bond registration fees (incl. VAT)
  • In addition to the above benefit, Absa will pay up to R20,000 towards any remaining bond registration fees
  • Absa will pay up to R6000 towards bond cancellation costs 
  • Limited offer: 10 October 2023 to 28 February 2025

Terms and Conditions

Tell me more

Solar and Energy Finance

Get your solar solution for less and also save on electricity costs

  • Get a concession of -0.50% on your variable interest rate for a solar solution of up to R300 000 and loan term of up to 60 months (Bounce Back Energy Loan)*
  • Get a concession of -0.20% on your variable interest rate for a solar solution of up to R300 000 and loan term of up to 84 months

*Offer valid until 31 March 2025.

Home Loans Solar and Energy Finance Terms and Conditions

Bounce Back Energy Loan Terms and Conditions

Tell me more

Read more about switching your home loan

Switching is easy, quick and worthwhile - find out all you need to know right here.

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Manage your home loan online

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Understanding fixed and variable interest rates

When your home loan is registered you have the option to apply for a fixed or variable interest rate. We will explain...

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What insurance do you need as a homeowner?

It’s important to make sure that your most prized asset is protected. Unforeseen events can and do happen, but with the right....

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Start building your dream home

build my home

Be the architect of your future with a building loan. Whether you already have land to build on or just a dream waiting to be made real, we can get you started!

 

Apply for an Absa Building Loan

Before you break ground

Planning is everything when building. Our step-by-step guide will show you what you need to do.

Money Graph
Decide how much you can spend

Find out what the maximum budget is that you can spend.

Calculate my affordability

search
Find your land

The kind of land you choose will affect the cost of your build and more.

Find land

docs
Draw up building plans

Find a draftsman or architect to work with you to help design and make your dream house a reality.

correct tick
Find the right builder

Your builder is the most important part of your project. Make sure your builder is registered with the NHBRC.

docs
Get all your documents

There are several documents you will need in order to apply for a building loan.

See the list of documents

apply
Apply for your loan

Ready to start building? Call us on 0860 111 007 or apply online now.

Apply now

Read more about building your home

Building a home can be exciting, but also complicated and expensive. Our articles will help you understand what you need to do and how to do it.

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See thousands of available homes across South Africa on PrivateProperty.co.za.

property
Bank-listed properties

We’ve highlighted a range of properties for you that are ready to sell fast.

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Get the home loan for residential property investors

Build my home

Partner with Absa to invest in a Buy to Let property portfolio, as you strive to achieve your financial wealth aspirations. Absa’s Buy to Let Home Loan, goes beyond financing, brings you great products, services and tools to support you on your investment journey.

Shield
100% LTV Finance

Get up to 100% Loan-to-Value (LTV) to finance your investment.

Shield
Existing and Future Rental Income 

You can add your existing rental income to your affordability, and if you have 1 or more properties, you can add the ‘future rental’ for the property being financed for rental purposes.

Shield
Absa Estate Planning

A Needs Analysis with Absa Trust will provide you with options to protect the legacy that you have built. virtualadviser@absa.co.za

Shield
TPN Tenant Management Tools

TPN has a wide range of products and tools to help you vet and manage tenants, including credit check, Lease Pack and RentBook. As an Absa customer you get discounts on the Investor Report and the Residential Leasepack.

Tell me more

Shield
Evolve Business Account

To turn your side hustle into a professional business, Evolve has a range of transactional account offerings to help you better manage your rental income and expenses.

Tell me more

Shield
Education with the SA Property Investor Network

Register with the SA Property Investors Network as a new or experienced investor, to grow your knowledge and your network. Absa customers can access the free Accelerator Course and 6 months free Foundation Membership.

Tell me more

Get even more with a home loan from us

All our home loans come with great discounts and benefits. See what you could qualify for.

Buy to Let

If you are:
Buying a property to rent it out

What we offer:

  • Up to 100% LTV financing
  • Utilise Existing and Future Rental Income to optimise your affordability.
  • Finance in your own name, Trust, Pty or other entity
  • Access great education and content with the SA Property Investors Network.
  • TPN’s tenant management solutions to assist you in vetting and managing tenants.
  • Evolve Business Account to better manage your investment cashflow.
  • An Absa Trust Needs Analysis to protect the legacy that you are building.

 

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Binoculars
Looking for a property

See thousands of available homes across South Africa on PrivateProperty.co.za

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Bank-listed Properties

We’ve highlighted a range of properties for you that are ready to sell fast. View bank-listed properties

Easy, hassle-free solar and energy finance loans

solar and energy finance

Solar and Energy Finance loans for a sustainable future

Get the right solar and energy finance loan that best suits your needs. Plus, get great benefits, discounts and more.

Solar and Energy Finance

Get your solar solution for less and also save on electricity costs

  • Get a concession of -0.50% on your variable interest rate for a solar solution of up to R300 000 and loan term of up to 60 months (Bounce Back Energy Loan)*
  • Get a concession of -0.20% on your variable interest rate for a solar solution of up to R300 000 and loan term of up to 84 months

*Offer valid until 31 March 2025.

Home Loans Solar and Energy Finance Terms and Conditions

Bounce Back Energy Loan Terms and Conditions

Tell me more

Eco Home Loan 

Reduce your carbon footprint and your interest rate

  • Get a rate concession of -0.25% on the variable interest rate when you register
  • Qualify for rebate of up to 3% (up to R55 000) of the loan amount
  • Purchase a property directly from an Absa-approved Eco Home Loan development.

*Terms and Conditions Apply.

Tell me more

Read more about buying a home

Buying a home
 Ultimate guide to buying your first home

 Buying a home can be a long, difficult process and scary too! But don’t let that put you off, we’ve put together a guide...

Tell me more

Buying a home
Buying or renting, what’s the best choice for you?

Buying a home is a big financial commitment and many people choose to rent because of that. But is renting...

Tell me more

Buying a home
Understanding all your home buying costs

At Absa we aim to make buying your home as easy as possible. It’s a big purchase and too many buyers think...

Tell me more

Second property
 Buying a second property as an investment

Property can be a good investment. In the long-term property could increase in value and if it does, this is one way to...

Tell me more

Insurance cover
What insurance do you need as a homeowner?

It’s important to make sure that your most prized asset is protected. Unforeseen events can and do happen, but with the right...

Tell me more

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 How deposits can make your home loan easier to afford

Buying a home is a long-term commitment but there are ways in which you can make your dream home more...

Tell me more

Need more help?

Let one of our 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

Battling to make home loan repayments: bondrs@absa.co.za

Homeowners comprehensive insurance: adminhoc@absa.co.za

Life insurance: polserv@absa.co.za

Visit your nearest branch