(To calculate a value, you don't need to enter a serial number. Bond Affordability Calculator Find out more about bond repayments. How quickly can I pay off my bond? The monthly instalment shown includes interest, initiation fees, and service fees and credit life insurance (calculated as a portion of the principal debt at inception). Close. The Savings Bond Calculator WILL: Calculate the value of a paper bond based on the series, denomination, and issue date entered. Why use the Absa bond calculator? Applying for the Absa Bond Fund Click on the Apply now button to complete an online application form and email any enquiries to utapplications@absa.co.za or contact us on 0860 111 456 Apply now 24015). Bond repayment calculator help. The monthly instalment shown includes interest, initiation fees, service fees and credit life insurance (calculated as a portion of the principal debt at inception). Repayment Affordability Bond and transfer cost Additional payment Deposit savings Amortisation *All insurance products are offered by BetterLife Distribution Services Proprietary Limited, trading as BetterSure Financial Consultants, an authorised financial services provider (FSP Licence No. What is a bond calculator? Tell me more. Absa will not be liable in any way or form for reliance on or use of this calculator. We will give you: 25% reduction on your initiation fees; 0.5% cash back on the value of your home - up to R6 000 - paid into an Absa account on registration; Access to even more benefits with a free Will plus access to great insurance and retirement plans An extra R250 payment in your R1 000 000 bond every month will shorten your bond repayment period by 1.5 years (assuming a rate of 10%). The amount you need to borrow, and repay with interest, to … When purchasing property, it is essential to know how much you will need to pay into your bond every month. The content of the website you are visiting is not controlled by Absa. A bond calculator helps you figure out your monthly repayments on a property, the total interest you will pay and the total repayment amount. Purchase price. The price of the property you're buying and will therefore have to repay. Selling your home financed by Absa and buying your next home with Absa. The more information you can provide, the more accurate your estimate will be. Bond/Loan amount. We use cookies to optimise the user experience. Absa will not be liable in any way or form for reliance on or use of this calculator. Use our vehicle finance calculator today to find out what your monthly car payments will be and your dream car may be yours tomorrow. Investing extra money into your bond means that you shorten your payment period and in so doing, save interest. Buying a home is a procedure that usually involves a complex system of processes. Calculate your monthly payment, total payment and total interest. 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