Your bond details
Enter your current bond and extra payment amount
R
What extra payments save you
Standard vs accelerated repayment comparison
Standard monthly payment
R 0
New monthly payment
R 0
Standard payoff time
0 years
New payoff time
0 years
Months saved
0 months
Standard total interest
R 0
New total interest
R 0
Interest SAVED
R 0
Outstanding balance comparison — standard vs extra payments
Standard repayment
With extra payments
💡 Why extra payments are so powerful in SA
South African home loans are calculated on a reducing balance. Every extra rand you pay goes directly to reducing your principal, which immediately reduces the interest charged the next month. Unlike a fixed-rate mortgage in some countries, there is no penalty for early repayment on a standard SA variable-rate bond.