How do extra bond repayments save money?

Extra repayments reduce your outstanding home loan balance faster. Because interest is calculated on the remaining balance, paying extra can reduce total interest and shorten your repayment term.

Can I pay extra into my home loan every month?

Most South African home loans allow additional repayments, but rules can differ by bank and loan type. Confirm the available payment options with your lender.

Homebuyer calculating extra bond repayments

Extra Payments Calculator

Calculate your savings on your total home loan cost by paying a little extra into your bond.

Calculate what extra payments can save

Compare your current bond plan with a once-off or recurring extra repayment.

Current bond debt *

Remaining bond term *

Interest rate *

Monthly repayment *

Overpayment type

Overpayment amount