Paying extra into home loan

Sdílet
Vložit
  • čas přidán 23. 07. 2024

Komentáře • 34

  • @fuelthedream
    @fuelthedream Před 3 lety +21

    This was so informative, thank you so much.
    I'm also not a fan of car finance. Opted to purchase a small little car cash and this is the best decision I made.

  • @RooiDuiwel
    @RooiDuiwel Před 3 lety +6

    Thanks for this video, i finally get this...a bond originator tried to explain it to me over the phone, and i just couldn't comprehend it...you guys made it much easier to understand, in layman's terms

    • @MapaloMakhu
      @MapaloMakhu  Před 3 lety +1

      Thanks Ashley ✨ glad it makes sense now ♥️

  • @oliviantsuba
    @oliviantsuba Před rokem +2

    This was absolutely perfect, thank for breaking it down as you did. Truly eye opening

  • @thandilematshazi2198
    @thandilematshazi2198 Před 3 lety +2

    This was absolutely amazing information, thank you soo much Maya and Mapalo.

  • @NtombiyomsaMazibuko
    @NtombiyomsaMazibuko Před 3 lety +1

    Mapalo this is so informative thank you

  • @kgaugelomashaba3175
    @kgaugelomashaba3175 Před 3 lety +1

    thank you ladies!!!!!

  • @MomoMachete
    @MomoMachete Před 3 lety +1

    This was very informative. Thank you so much

  • @mmathebemampane1724
    @mmathebemampane1724 Před 5 měsíci +1

    Only discovering this today and wow! Thank you

  • @khebelicious
    @khebelicious Před 2 lety

    Excellent interview with straight explanations.

  • @patricianaidoo22
    @patricianaidoo22 Před 3 lety +5

    Thank you for the info shared. Can you please share the link to Maya’s article? Furthermore, when is the best time in the month to pay the extra funds into my home loan?

  • @siven283
    @siven283 Před 3 lety +1

    Great info thanks

  • @fazlinsaban9602
    @fazlinsaban9602 Před 2 lety

    Awesome channel 👏 thank you

  • @nqobilemdabe7205
    @nqobilemdabe7205 Před 2 lety

    This is so informative. Would you please link the Article in the description box.

  • @siphiwekhumalo2307
    @siphiwekhumalo2307 Před 2 lety

    Great explanation ladies love ❤

  • @mphohlongwane8798
    @mphohlongwane8798 Před 2 lety

    Informative, thank you so much.

  • @angel0mzbk
    @angel0mzbk Před 3 lety +4

    Thank for this episode. Really eye opening.
    If I pay extra on my car, but never ask the bank to put that money towards the debt...at the end of the term what happens to the amount I've been paying extra? Can I just withdraw it or transfer it to my other accounts.

  • @juliehill7541
    @juliehill7541 Před 3 lety +5

    Hi, am listening to this information - I have question that the access money you withdraw is not free, you still have to payoff the credit you withdraw and am sure there is interest on the credit you withdraw. Are you not just back to square one with debt.

  • @NtombiyomsaMazibuko
    @NtombiyomsaMazibuko Před 3 lety +5

    I would like to know if all bonded houses come with an access bond or it depends on your bond T & C's?
    I am asking because I think I can use the access bond as my emergency savings fund knowing already that I pay extra every month but should I need the cash, I just access it from my access bond!

  • @jldp24
    @jldp24 Před 2 lety +3

    What is the benefit of settling it and still keeping the original installments going? So in 20 years they dont deduct anymore..what happens to your prepayment amount and whats the benefit of keeping the installmets the same during the xourse of the loan.??

  • @kwaneletyatya4471
    @kwaneletyatya4471 Před rokem +1

    Hello there, may you please send the link for the article that she wrote. I would like to read it and benefit from the content. Thank you.

  • @wendymvinjelwa8115
    @wendymvinjelwa8115 Před 2 lety +1

    Hi ladies, question: do you earn interest on the 'prepaid funds'? The R200 000 you've contributed to the loan as per the example.

  • @marykekana2419
    @marykekana2419 Před 8 dny

    Is this automatic with all bonds? I understand the HELOC system in the US, is this the same?

  • @shaundeeshaun73
    @shaundeeshaun73 Před 3 lety +1

    Hi hope u are doing well.. Where can I get the article she wrote
    Thnx Delano

  • @James66662
    @James66662 Před měsícem

    What happens if save more money in that access bond then what u oue for your bond?

  • @nqobilesibisi3544
    @nqobilesibisi3544 Před rokem

    i need to get a house ,this info was usefull ,wish me luck in this economy 🙆🏾‍♂️

  • @kaunanakathingo6644
    @kaunanakathingo6644 Před 2 lety +1

    Am abit confused, can someone please help?
    Does the extra amount goes to the principal amount or how will you specify the instruction to give the bank?
    Thank you.

    • @mightylove
      @mightylove Před 2 lety +2

      Apparently it depends on the type of account. You need to check with your bank for more information. If you want to reduce the debt, let them know. Same if you would like to reduce your monthly installment.

  • @jamludentertainment
    @jamludentertainment Před 2 lety

    I believe the the host left happy, nu if .........and I would have likrd more. happy with th information

  • @thatopule1072
    @thatopule1072 Před rokem +2

    Where can we find the article?

    • @MapaloMakhu
      @MapaloMakhu  Před rokem +3

      you can go to my website www.womanandfinance.co.za/blog or go to Maya's website www.mayaonmoney.co.za

  • @prianthagovender649
    @prianthagovender649 Před 3 lety

    People need to watch this, we'll explained !

  • @marykekana2419
    @marykekana2419 Před 8 dny

    No.

  • @sellomoja4148
    @sellomoja4148 Před 11 měsíci

    Very I formative all the way. Great work deserves appreciation and recognition. I heard Mmapalo referring to article. Please share the link of the article. I would love to read it🎉