When purchasing property, it is essential to know how much you will need to pay into your bond every month. Bond Affordability Calculator Find out more about bond repayments. 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). 24015). One of the most important steps in this procedure involves determining affordability. Buying a home is a procedure that usually involves a complex system of processes. Use our vehicle finance calculator today to find out what your monthly car payments will be and your dream car may be yours tomorrow. However, if you plan to save an inventory of bonds, you may want to enter serial numbers.) You are about to leave the Absa website. Why use the Absa bond calculator? Calculate your monthly payment, total payment and total interest. The Savings Bond Calculator WILL: Calculate the value of a paper bond based on the series, denomination, and issue date entered. 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 Absa will not be liable in any way or form for reliance on or use of this calculator. Please take note. Absa will not be liable in any way or form for reliance on or use of this calculator. Selling your home financed by Absa and buying your next home with Absa. The content of the website you are visiting is not controlled by Absa. The price of the property you're buying and will therefore have to repay. Bond/Loan amount. A bond calculator helps you figure out your monthly repayments on a property, the total interest you will pay and the total repayment amount. The more information you can provide, the more accurate your estimate will be. Investing extra money into your bond means that you shorten your payment period and in so doing, save interest. 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 Purchase price. (To calculate a value, you don't need to enter a serial number. 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%). We use cookies to optimise the user experience. Close. How quickly can I pay off my bond? What is a bond calculator? The amount you need to borrow, and repay with interest, to … Bond repayment calculator help. Tell me more. 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